Vantage Data Centers, a global provider of hyperscale data center campuses, has unveiled its expansion into Europe through the acquisition of Etix Everywhere and greenfield developments in four additional European markets. Financial terms of the Etix transaction were not disclosed.
Etix’s data center portfolio includes a 55MW hyperscale data center campus in Frankfurt, Germany, which is currently under construction. Separately, Vantage Europe has secured land and is planning to develop hyperscale data center campuses in Berlin, Milan, Warsaw and Zurich.
“As data center demand from our customer base continues to rapidly increase worldwide, Vantage is embarking upon its largest expansion ever into Europe through the development of five strategic markets,” said Sureel Choksi, President and CEO of Vantage. “The acquisition of Etix accelerates our expansion to Frankfurt, Europe’s highest growth hyperscale market. We are very excited to welcome Antoine and his team to lead our European business.”
EMEA Data Center Provider
Founded in 2012, Etix is a leading EMEA data center provider with more than 50MW of built data center capacity across its footprint, as well as its flagship 55MW hyperscale campus currently under development in Offenbach, Germany, just outside of Frankfurt.
In conjunction with the Etix acquisition, Antoine Boniface, former CEO of Etix, has joined the Vantage executive team to serve as president, Europe. In addition, Josh Buis, who joined Vantage in 2019 as vice president, international business development, will take on an expanded role as senior vice president, sales and business development, for Europe.
“The Etix team and I are thrilled to join Vantage,” said Antoine Boniface. “The experience that Vantage brings with North American-based hyperscale, cloud and wholesale customers, combined with Etix’s European experience and Frankfurt hyperscale campus, creates a compelling platform that is ideally positioned to serve customers across Europe.”
$2 Billion Investment
Vantage Data Centers intends to invest $2 billion in its planned European expansion, including more than $800 million in new equity capital provided by Vantage’s current investors and a new commitment from Digital Colony Partners.
“Vantage’s expansion into Europe is the company’s next step in becoming a premier, global hyperscale data center provider,” said Marc Ganzi, CEO of Digital Colony. “We are excited to support their team, their customers and their growth plan, and fueling Vantage Europe’s rapid build-out.”
In addition to the acquisition of Etix, Vantage Data Centers also announced the development of new greenfield hyperscale data center campuses. The facilities, which are currently underway, are in the following European markets:
- Berlin – 64MW campus on 13 acres (5 hectares)
- Frankfurt – 55MW campus on 8 acres (3 hectares)
- Milan – 32MW campus on 17 acres (7 hectares)
- Warsaw – 64MW campus 12 acres (5 hectares)
- Zurich – 40MW campus on 7 acres (3 hectares)
Inclusive of this European expansion, Vantage Data Centers will operate hyperscale data center campuses in 11 markets globally.