Digital Realty company Interxion, a European operator of carrier- and cloud-neutral colocation data centers, has acquired Lamda Hellix. This colocation provider from Greece would give Digital Realty and Interxion access to one of the region’s fastest-growing markets and a gateway to an increasingly important connectivity hub.
Lamda Hellix’s “state-of-the-art” data center campus in Athens is one of the largest in Southeastern Europe and one of the most interconnected in Greece. It currently houses two data centers that would host approximately two-thirds of Greek data center communities.
These data centers are serviced by all fiber and connectivity providers operating in the country. They serve a wide variety of blue-chip customers including telecom providers, government agencies, financial services institutions, cloud service providers (CSPs), and two Internet exchanges.
Financial terms of the transaction were not disclosed. The management team will remain with the business, including current CEO and Chairman Apostolos Kakkos, who will continue to lead and run the operation.
“We are delighted to partner with Interxion and Digital Realty and to become part of PlatformDIGITAL,” said Apostolos Kakkos. “This partnership will enable us to provide our customers and partners with enhanced connectivity solutions and new opportunities for growth within this vibrant region and beyond while helping to facilitate the acceleration of Greece’s digital transformation. It will also further enhance Greece’s positioning as an upcoming digital gateway to Europe and accelerate our current development plans.”
Digital Realty’s PlatformDIGITAL
Lamda Hellix is headquartered in Athens, Greece, an emerging interconnection hub at the crossroads of Europe, Africa, Asia and the Middle East. The acquisition would bolster Interxion’s and Digital Realty’s global data center footprint, which includes more than 700 connectivity providers in over 280 data centers across 24 countries.
The transaction would also reflect Digital Realty’s continued investment in PlatformDIGITAL, the company’s global data center platform supporting customers around the world.
“We are thrilled to further expand our footprint in Southeastern Europe in support of our customers’ growth and their commitment to delivering technology and resources to create new opportunities for the people, government and businesses of Greece,” said David Ruberg, Chief Executive, EMEA, Interxion. “Lamda Hellix’s successful track record of delivering high-quality colocation solutions has produced robust growth and reflects the fundamentals of the opportunity in the region and the critical role Greece plays in the emerging global compute fabric. We believe a leading position in Greece offers significant opportunities for Interxion and Digital Realty, together with Lamda Hellix, to exploit their customer-first approach to their relationships with global cloud platform operators and enterprises to generate significant opportunities to expand the base of our combined businesses.”