Colt Data Centre Services Accelerates Hyperscale Strategy, announcing it has sold Twelve Colocation Sites
PR92758
LONDON, Nov. 2, 2021 /PRNewswire=KYODO JBN/ --
The sale will see AtlasEdge acquire twelve data centres across the UK and Europe
Colt Data Centre Services (DCS), a leading provider of global hyperscale data
centre solutions, today announced that it has completed the sale of twelve of
its colocation sites across Europe with AtlasEdge Data Centres.
Over the last few years, Colt DCS has focused on building and developing larger
hyperscale data centre sites across both the Europe and APAC regions, anchored
by customers within large population centres as the result of the rapidly
increasing consumption rate of cloud and content-based applications. Having
conducted a thorough review of its portfolio, Colt DCS identified twelve
colocation sites that were better suited for an operator such as AtlasEdge,
which is exclusively focused on developing the emerging colocation market
across Europe.
Refining Colt DCS' current portfolio will allow the business to further
strengthen its longstanding relationship with both its hyperscale and large
enterprise customers that benefit from the economies of scale provided by Colt
DCS. It will also allow the organisation to focus on accelerating the execution
of its hyperscale strategy and increasing capacity in key markets that its
customer want to enter and expand in. The hyperscale facilities that it
currently owns and operates, including those that are currently under
construction, will not be affected by the sale and will continue to be owned by
Colt Data Centre Services ensuring no impact to the service its customer base
is currently receiving across these facilities.
In line with Colt DCS' capacity roadmap and land banking strategy the company
has a number of sites due to be completed throughout the next couple of years,
across Europe, India and Japan. This will see the organisation rapidly grow its
portfolio with a combined total IT power capacity in excess of 450MW.
"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" commented Niclas Sanfridsson, CEO, Colt DCS. "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."
"We are delighted to welcome these sites into our expanding portfolio"
commented Josh Joshi, Executive Chairman, AtlasEdge. "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."
ENDS
 
About Colt DCS
Colt Data Centre Services provide true service and operational excellence in
the sustainable design, build, delivery and operational management of
hyperscale data centres across Europe and the APAC. We provide data centre
solutions to hyperscale and large enterprise customers across 14 state of the
art carrier neutral data centres spanning 8 cities.
Our Hyperscale and colocation solutions allow our customers freedom to plan
effectively for the growth of their business, knowing that their data centre
strategy is ready for the demands of tomorrow.
We have over 25 years of experience in the industry, delivering on our vision
of being the most trusted and 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. That's why we're taking the
ownership to reduce our environmental impact globally and make sustainability a
key strategic driver. As part of our sustainability journey, alongside our
sister company we are committed to achieving global net zero emissions for our
own operations by 2030.
https://www.coltdatacentres.net/
ABOUT AtlasEdge
AtlasEdge is a European edge data centre business, formed from a joint
investment by Liberty Global, one of the world's leading converged video,
broadband and communications companies and DigitalBridge, a leading global
investment firm dedicated to digital infrastructure. AtlasEdge's mission is to
create Europe's leading Edge platform, delivering seamless, localised and
ultra-low latency digital infrastructure to customers. AtlasEdge already has an
expanding portfolio of more than 100 sites across the continent, providing
proximity to the core network that is critical for the technology of tomorrow.
For more information, please visit www.atlasedge.com
Press Contact
Octopus Group for Colt Data Centre Services
colt@octopusgrp.com
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Source: Colt Data Centre Services (Colt DCS) and AtlasEdge
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