DataBank finalises zColo acquisition of five data centres in France

DataBank finalises zColo acquisition of five data centres in France

data centre stock.png

DataBank has completed its acquisition of zColo with the closing transaction of five data centre assets in France from Zayo Group Holdings.

The colocation provider initially announced the acquisition in September 2020, revealing that the transaction will create one of the largest privately-held data centre operators in the US.

DataBank said it has tripled its geographic footprint with the acquisition of the zColo facilities growing from 20 data centres in nine markets to 65 data centres in 29 markets and offering customers access to 1.1 million square feet of data centre space, 141 MW of installed UPS capacity, and neutral interconnection at 20 major carrier hotels.

 "We're excited to finally have all elements of the zColo transaction complete," said Raul K. Martynek, DataBank's CEO.

"Our integration is moving ahead swiftly and we look forward to unleashing the full power and reach of our integrated edge colocation and interconnect platform for customers in the months ahead."

The company revealed that this growth comes on the heels of its strategic investment in EdgePresence, which is set to accelerate DataBank's edge data centre strategy by adding a modular data centre platform to augment its traditional data centre portfolio.

“These developments put DataBank at the forefront of the edge infrastructure wave, enabling enterprises, hyperscalers, cloud, content, and software customers to move their mission-critical workloads and platforms closer to end-user populations in second-, third-, and fourth-tier markets,” said the company.

Elsewhere, DataBank recently unveiled its $30 million investment in EdgePresence, an owner and operator of modular data centres in the US.

EdgePresence’s edge data centres will enable DataBank to colocate its customer workloads to further reduce latency and improve performance for select applications.