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Global data center solutions provider EdgeConneX has acquired Global Data Center (GDC), an Israeli data center operator situated in Herzliya, Israel’s hi-tech area. GDC’s “state-of-the-art, highly secured” subterranean facilities in Herzliya and Petah Tikva, near Tel Aviv, will be added to the EdgeConneX global data center platform after the transaction is completed.
“I am pleased to announce the expansion of the EdgeConneX global footprint to the Middle Eastern region with the acquisition of GDC,” said Randy Brouckman, Chief Executive Officer (CEO) of EdgeConneX. “As always, the company’s focus is on its customers and providing them with the capacity they want, where they want it, and when they want it. In the case of Israel, GDC’s talented leadership team, strong operational track record and existing infrastructure helps us accelerate meeting these requirements by providing a ready-made solution with a premium platform that is already well established in the market.”
EdgeConneX offers to GDC considerable financial and professional resources as well as digital infrastructure sector experience, backed by EQT Infrastructure, one of the world’s largest infrastructure funds. GDC’s development and ability to invest in new capacity in Israel will be accelerated as a result of this backing and assistance, ushering in an exciting growth period for the company.
Viola Group, Moshe Lasman
Global Data Center was launched in 2013 by Moshe Lasman, with the help and financial backing of the Viola Group – a major private equity investment firm. In the Tel Aviv region, the company operates two extremely secured subterranean data centers, one in Herzliya Pituach and the other in Petah Tikva. Both locations are designed to meet the Tier 3 Uptime worldwide standard, which is an industry benchmark for advanced data centers.
“Global Data Center is joining EdgeConnex following seven years of great momentum in our business,” said Moshe Lasman, Founder and CEO of Global Data Center. “EdgeConneX brings over a decade of experience building out a global data center platform that includes approximately 50 data centers in over 40 markets around the world and spans everything from hyperlocal edge facilities to hyperscale data center campuses. Together, we will be able to best serve the local data center infrastructure needs in Israel and global requirements anywhere in the world.”
“For our Israeli customers, nothing changes practically in regard to Global Data Center, organizationally, operationally, or strategically,” added Mr. Lasman. “I will continue to lead the business in Israel and the rest of the GDC team will remain in place. The GDC teams supporting each customer will continue to perform in the same manner as before. If anything, we will look to further grow and augment the existing teams with additional talent and continue to operate our data centers as before. We will provide each customer with the space, power, and connectivity, where they need it to best serve their needs and that of their customers.”
“Israel attracts multinational players, which turn the country into a global hub in cloud computing, and the deal we’re announcing today shows the trust in the potential of the local market,” said Harel Beit-On, co-founder and general partner at Viola. “As early investors with significant share in Global Data Center, we have been accompanying the development in the data center landscape for the past seven years and believe that the entrance of EdgeConneX to the Israeli market will further drive its growth. We congratulate Moshe Lasman and the management of Global Data Center for the deal.”