TeraGo, a provider of Internet access, data center and cloud hosting services to businesses in Canada, has continued to expand its national data center business through the acquisition of a 10,000 square foot Tier 3-ready data center facility in Mississauga, Ontario. This is the second TeraGo operated data center in the Greater Toronto Area.
TeraGo’s new data center, previously managed by BlackBerry, would address strong demand from customers for premium data center services in the GTA, as data consumption and cloud hosting services experience continued growth in the Canadian and global IT markets. According to a recent study by TechNavio, Canada’s cloud computing market will grow at a CAGR of 17.8 percent over the period 2013-2018.
The newly acquired data center in Mississauga, Ontario was designed from the ground up to a Tier 3 standard, has an impressive 4.8MW of power, N+2 availability of generators and is potentially expandable by an additional 1,600 square feet.
Data Center Acquisitions
“This unique, high power facility was important for us to add to our data center footprint as we have seen a vast increase in the amount of power required to service individual customers,” said Stewart Lyons, CEO and President of TeraGo. “Customers are focusing more and more on high density server capability and this site will future proof us in this regard. It’s the perfect site from which to grow our cloud computing environment.”
Since May 2013, TeraGo has acquired several new data centers in Canada among which its Vaughan data center and two data centers in Vancouver. This latest acquisition brings the total number of data center facilities operated by TeraGo to four with a footprint of over 40,000 square feet, not including the many facilities it maintains in the various “telecom hotels” across the country.