PLANS FIVE CAMPUSES IN EUROPE
North American wholesale data center provider Vantage Data Centers, has today acquired Etix Everywhere, an EMEA data center provider for an undisclosed amount.
This acquisition marks the launch of Vantage’s European expansion for which it plans to invest $2 billion, including more than $800 million in new equity capital provided by its current investors and a new commitment from Digital Colony Partners.
Etix currently operates more than 50MW of modular data center capacity across 12 facilities in the EMEA region. Most recently, the company added to its portfolio – a 55MW hyperscale campus which is under development in Offenbach, Germany, near Frankfurt.
“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,” said Antoine Boniface, the former CEO of Etix, who has just become the president of Vantage Data Centers, Europe.
In addition to the campus in Frankfurt, Vantage also announced the purchase of land parcels for four Greenfield data center campus developments in other tier-one and tier-two European markets. The sites are located in Berlin, Milan, Warsaw and Zurich with a 64MW, 32MW, 64MW and 40MW planned capacity respectively. Upon completion, the company’s data center campus portfolio will rise from six to eleven.
“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, 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.”
About a year ago, Vantage acquired Canadian 4Degrees, a colocation service provider owned by Videotron Ltd, for a total of C$259 million.