COLT BECOMES AN ANCHOR TENANT

Pan-European edge data center provider AtlasEdge, has just announced the acquisition of twelve data centers from Colt Data Center Services (Colt DCS), a provider of Hyperscale data centers across Europe and the Asia Pacific.

Formed in May 2021 through a joint venture between Liberty Global and DigitalBridge, AtlasEdge has grown in few months to now boast of operating over 100 facilities across Europe through which it delivers cloud services.

 “We are delighted to welcome these sites into our expanding portfolio. We are tapping into an exciting and emerging market where real time data traffic is growing and compute is gravitating to the edge of the network,” said Josh Joshi, Executive Chairman at AtlasEdge.

“As this demand builds, AtlasEdge is uniquely positioned to deliver seamless, localized 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.”

The acquisition of these data centers further expands AtlasEdge’s coverage across European, as well as establishing a collaboration between AtlasEdge and Colt Data Centre Services, with Colt Technology Services becoming an anchor tenant across multiple facilities.

As announced, the acquired data centers cut acrosss tier one and tier two markets across Europe, including Amsterdam, Barcelona, Berlin, Brussels, Copenhagen, Hamburg, London, Madrid, Milan, Paris and Zurich.

“Demand for data storage and cloud capabilities has never been higher, and so is the need for businesses to scale and find capacity,” said Niclas Sanfridsson, Chief Executive Officer of Colt DCS.

“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.”

This announcement is also coming few weeks after cloud and carrier-neutral data center service provider Digital Realty reached an agreement to make an investment in AtlasEdge Data Centres.