DataBank adds 44 new data centres with zColo acquisition
Texas-based operator DataBank today completed the second phase of a multi-facility acquisition of the Zayo Group’s data centre business zColo.
The acquisition, which was announced back in September, adds 44 additional data centres to DataBank’s portfolio, more than tripling its footprint in the UK and US, and granting it access to the French market.
DataBank now operates 64 data centres in 29 markets (up from 20 data centres in nine markets before the deal), with more than 3,000 hosted customers, 1.1mn square feet of raised data centre floorspace, 145 MW of installed capacity, 12 cloud nodes and 18 major network interconnection points.
DataBank estimates its pro forma annual revenue following the acquisition to be in excess of $450mn.
"Simply put, this highly complementary acquisition will allow us to serve customers better. The strategic rationale is fully aligned with our core 'Data Center Evolved' strategy built around providing customers broad geographic reach as they move their content and applications closer to the edge," said Raul K. Martynek, CEO of DataBank.
DataBank closed its acquisition of zColo’s US and UK facilities in December, adding 39 facilities to its roster. This week, the company took possession of zColo’s final five facilities, located in France.
“We’re excited to finally have all elements of the zColo transaction complete,” said Martynek in a press statement on Wednesday.
“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 acquisition reportedly gives zColo’s base of more than 1,500 blue chip customers access to DataBank’s roster of managed services and solutions, as well as granting DataBank customers access to increased geographical diversity.
Martynek added that, “With an open interconnect architecture and virtually unlimited geographic options, we are poised to help our customers in the US migrate their workloads and adapt to the next evolution of the internet: the hyper-localisation of data and compute being unleashed by 5G networks.”
The sale was funded by an investment group led by DataBank’s controlling shareholder, Colony Capital, which has invested a further $145mn into the company in order to maintain its 20% stake in the company.
Following the sale of its assets, the Zayo Group will become one of DataBank’s leading customers, continuing to be anchor tenant in many of the zColo facilities that DataBank now operates.
GTR and SEGRO agree first UK data centre facility
SEGRO, a property investment and development company, has announced it has come to an agreement with the European data centre platform, Global Technical Realty (GTR) to construct its first UK-based data centre. SEGRO claims that the facility, which will span a total area of 400,711 sq ft, will be located in Slough and is to become “the largest data centre campus in the UK’s premier data centre and communications hub”.
What will SEGRO’s data centre facility be used for?
Supported by the global investment firm KKR, Global Technical Realty says it will be using the facility’s space on a 25-year term to operate bespoke data centres for high-growth global technology companies. The new facility aims to support the growing demand for third-party data centre provision amid ever-increasing growth in data usage and cloud services adoption.
Franek Sodzawiczny, CEO & Founder of GTR, said: “We are excited to be back in the UK alongside our partner KKR and look forward to working closely with SEGRO to deliver this state-of-the-art data centre campus. The data centre space is a fast-moving one. GTR was established to support its customers in providing a data centre solution wherever in the world there is a demand for it. We are delighted that the UK will become home to our flagship concept”.
James Craddock, Managing Director, Thames Valley at SEGRO, said: “We’re pleased to welcome GTR as the latest data centre operator to our thriving estate and our team of experts look forward to developing a stunning new facility for them and their customers. “Homeworking, data streaming, e-commerce and businesses’ reliance on cloud services have all grown during the pandemic, meaning demand for data centres is unabated.
“Slough Trading Estate is home to Europe’s largest data centre cluster and data centres are increasingly regarded as part of our key national infrastructure given the critical role they play in our daily lives”, he added.
The facility is expected to be delivered in two phases with operations beginning by Q4 of next year. The first phase plans to provide 132,575 sq ft of space phase two will create 268,136 sq ft of space. “Vacant possession of the site delivered to the customer by early 2022”, SEGRO said.
The project is also expected to create around 200 jobs during its construction, and a further 80 permanent roles once completed.