TO GAIN THREE DATA CENTER FACILITIES
Netherland-headquartered data center provider, NorthC, has just signed an agreement to acquire the data centers and connectivity services of Netrics in Switzerland.
NorthC was formed through a merger between The Datacenter Group (TDCG) and NLDC (Netherlands Data Centers) in 2020, the company is now expanding its footprint into Switzerland through the acquisition of two data centers in Münchenstein (near Basel) and one data center in Biel, with a total floor space of about 13,000 square meters and over 7.5MW power capacity.
“The acquisition of these three data centers and connectivity services is an important next step in NorthC’s European growth strategy, following the acquisition of IPX in Germany. We are excited to welcome these activities and the highly experienced team into our organization,” said Alexandra Schless, CEO of NorthC.
“We are convinced that a platform of regional data centers with a wide geographic reach allows our customers to optimize their redundant infrastructure and for them to benefit from regional ecosystems. Additionally, this acquisition means that NorthC can further build on a strong fiberoptic infrastructure and to integrate the existing three data centers into NorthC. Ongoing synergy between the data centers in Switzerland and the rest of the NorthC offers opportunities for both our customers and the group to further expand and optimize our services portfolio.”
NorthC also recently acquired two data centers from IP Exchange GmbH in the south of Germany. Located in Nuremberg and Munich, the acquisition offered a total surface area of 14,000 square meters and 7MW of power capacity.
“NorthC offers data center and connectivity services of the highest quality and is therefore the ideal partner for us. This gives our customers access to even more extensive infrastructure services. At the same time, this step allows us to concentrate fully on the strategic future areas of cloud and modern workplace as well as the expansion of consulting services. A real win-win situation,” said Pascal Schmid, CEO of Netrics.
As announced, completion of Netrics acquisition is subject to customary terms and conditions. For this transaction, NorthC was advised by Greenhill acting as M&A advisor, with Hogan Lovells and Prager Dreifuss serving as legal counsels on the transaction.