The sale will see AtlasEdge acquire twelve data centers across the UK and Europe
LONDON, November 2, 2021 / PRNewswire / – Colt Data Center Services (DCS), a leading global provider of hyperscale data center solutions, today announced that it has completed the sale of twelve of its colocation sites across Europe with AtlasEdge data centers.
In recent years, Colt DCS has focused on building and developing larger hyperscale data center sites in both Europe and APAC regions, anchored by customers in large population centers due to the rapid increase in the consumption rate of cloud and content-based applications. After conducting an in-depth review of its portfolio, Colt DCS identified twelve colocation sites best suited for an operator such as AtlasEdge, which focuses exclusively on developing the emerging colocation market through Europe.
The refinement of Colt DCS’s current portfolio will allow the company to further strengthen its long-standing relationship with its hyperscale and large enterprise customers who benefit from the economies of scale provided by Colt DCS. It will also allow the organization to focus on accelerating the execution of its hyperscale strategy and increasing capacity in key markets in which its client wishes to enter and grow. The hyperscale facilities it currently owns and operates, including those currently under construction, will not be affected by the sale and will continue to be owned by Colt Data Center Services, which will have no impact on the service that its clientele currently receives in these facilities.
In line with Colt DCS’s capacity roadmap and land storage strategy, the company has a number of sites that are expected to be completed over the next two years, across Europe, India and Japan. This will allow the organization to rapidly expand its portfolio with a combined total computing power capacity of over 450 MW.
“The demand for data storage and cloud capacity has never been greater, as has the need for businesses to scale and find capacity. By restructuring and focusing on our large-scale facilities, we can meet the needs of our on-demand customers with true scalability and efficiency, while achieving their sustainability goals, ”commented Niclas Sanfridsson, CEO, Colt DCS. “We are committed to securing a sustainable business model for the future and this latest agreement will improve the returns on our portfolio investment, which can then be reinvested in the business.”
“We are delighted to welcome these sites into our growing portfolio” commented Josh joshi, Executive Chairman, AtlasEdge. “We are operating an exciting and emerging market where real-time data traffic increases and calculations revolve around the edge of the network. As this demand increases, AtlasEdge is uniquely positioned to provide seamless, localized, ultra-low latency digital infrastructure to our customers – from cloud providers to streaming services and businesses. Our approach is open, operator neutral and collaborative, and we look forward to working alongside Colt. “
About Colt DCS
Colt Data Center Services provides true service and operational excellence in the sustainable design, construction, delivery and operational management of hyperscale data centers across Europe and APAC. We provide data center solutions to hyperscale customers and large enterprises in 14 state-of-the-art, carrier-neutral data centers in 8 cities.
Our Hyperscale and Colocation solutions enable our customers to effectively plan for the growth of their business, knowing that their data center strategy is ready for the demands of tomorrow.
We have over 25 years of experience in the industry, realizing our vision to be the most reliable, customer-centric data center operator in the market. We put environmental awareness at the heart of everything we do because we know it’s the right thing to do for our planet. This is why we are committed to reducing our environmental impact globally and to making sustainable development a key strategic driver. As part of our sustainable development approach, alongside our sister company, we are committed to achieving zero global net emissions for our own operations by 2030.
IN REGARDS TO AtlasEdge
AtlasEdge is a European edge data center company formed from a joint investment of Liberty Global, one of the world’s leading video, broadband and converged communications companies, and DigitalBridge, a global investment company leading company dedicated to digital infrastructure. AtlasEdge’s mission is to create Europe State-of-the-art edge platform, providing customers with a seamless, localized, ultra-low latency digital infrastructure. AtlasEdge already has an expanding portfolio of over 100 sites across the continent, providing proximity to the core network that is essential for the technology of tomorrow.
For more information, please visit www.atlasedge.com
Octopus Group for Colt Data Center Services
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