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AtlasEdge acquires 12 data centres from Colt DCS

Colt Technology Services.jpg

AtlasEdge has acquired 12 data centres from Colt Data Centre Services (DCS) for an undisclosed sum.

The additional facilities take the AtlasEdge portfolio to more than 100 data centres across 11 countries in Europe, supporting more than 700 customers and providing connectivity to more than 50 different on-net carriers.

Further, the deal will see Colt Technology Services become an anchor tenant across multiple facilities.

“We are delighted to welcome these sites into our expanding portfolio” said Josh Joshi, executive chairman, AtlasEdge, and former CFO of Interxion.

“We are tapping into an exciting and emerging market where real time data traffic is growing and compute gravitating to the edge of the network. As this demand builds, AtlasEdge is uniquely positioned to deliver seamless, localised and ultra-low latency digital infrastructure to our customers - from cloud providers to streaming services and enterprises. Our approach is open, carrier neutral and collaborative, and we look forward to working alongside Colt,” Joshi added.

AtlasEdge operates a portfolio of carrier-neutral colocation services across 11 European markets, connecting to more than 50 carriers and servicing more than 700 customers. The portfolio includes key tier one and tier two markets across Europe, including Amsterdam, Barcelona, Berlin, Brussels, Copenhagen, Hamburg, London, Madrid, Milan, Paris and Zurich.

For AtlasEdge the deal will see it enter several new geographies, whereas for Colt DCS the spin off will allow it to place a greater focus on its hyperscale portfolio.

Niclas Sanfridsson, CEO, Colt DCS said: “Demand for data storage and cloud capabilities has never been higher, and so is the need for businesses to scale and find capacity. By restructuring and focusing on our hyperscale facilities, we can meet our customers’ needs on demand with true scalability and efficiency, while meeting their sustainability targets.

"We are committed to ensuring a sustainable business model for the future and this latest deal will improve the returns on investment across our portfolio, which can then be reinvested into the business.”

AtlasEdge provides a pan-European data centre portfolio it says allows customers to design and configure their technology and network infrastructure in line with latency and performance requirements.

It was established earlier this year through a joint venture between Liberty Global and Digital Colony with anchor tenancies from Liberty Global operating companies in four European countries: Virgin Media in the UK and Ireland, Sunrise-UPC in Switzerland and UPC in Poland.

Last week AtlasEdge confirmed a new strategic partnership with Zayo, a new equity investment and the appointment of a new CEO.

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