Data center developer and operator Serverfarm has acquired a data center strategically located in El Segundo, a major metro city in Los Angeles, with its long-term partner, NantWorks. The 117,500-square-foot, 22 MVA building is host to hyperscale, transportation, healthcare and government tenants.
The acquired data center (ServerFarm LAX1) is well connected to Tier 1 and dark fiber providers, offering secured global network on-ramps. The facility meets all HIPAA, HITECH and PCI compliance requirements. Financial terms of the deal were not disclosed.
This acquisition strategy would align with Serverfarm’s sustainability mission. Serverfarm acquires and modernizes facilities, applying its Data Center Management as a Service (DMaaS) solution, which is powered by InCommand, to manage enterprise workloads in an automated, highly efficient manner.
“Throughout the pandemic, we’ve been laser focused on delivering much-needed capacity to our clients and partners in the most efficient way possible,” said Avner Papouchado, CEO of Serverfarm. “The latest phase of our data center acquisition strategy is helping to answer demand for efficiently managed colocation space in a Los Angeles site that’s a launching pad to APAC and the rest of the world. We’re proud to offer our world-class InCommand DMaaS solution in a community that’s home for myself and many of our team members.”
An independent consultant determined that ServerFarm’s DMaaS strategy results in up to an 88% reduction in embodied carbon emission when compared with a standard new construction. Since its latest growth in Europe and additional expansion in Toronto, this acquisition expands Serverfarm’s portfolio of owned and managed assets to over 100 locations across more than 40 countries.