Iron Mountain to acquire Frankfurt data centre
The American enterprise information management services company, Iron Mountain, has announced it has entered an agreement to acquire a new data centre in Frankfurt as it looks to expand its EMEA footprint. Purchased from Calcium DC Pte. Ltd., the company’s latest facility will be a two-story, 20,000 sqm colocation data centre site on freehold land in the Am Martinszehnten Industrial Park near Frankfurt Airport. The transaction, valued at US$89.8mn, is expected to close within the next 90 days subject to customary closing conditions, the company said.
Discussing the company’s newest addition, Mark Kidd, Executive Vice President and General Manager of Data Centres at Iron Mountain, said: “This latest investment in one of the most sought-after European markets further solidifies our commitment to investing in the global markets where our customers need us.”
Iron Mountain’s LON-2 London data centre
In addition to the Frankfurt centre, Iron Mountain recently announced further expansion in Europe with a 27-megawatt data centre build in London (LON-2), in addition to 9 megawatts of leasable capacity at its LON-1 data centre. The company also announced a recent joint venture with Web Werks, one of the top data centre providers in India, adding three Tier 3, carrier-neutral data centres in Mumbai, Pune and Delhi to their global footprint.
“As a leading global data centre provider, we are pleased to continue to meet the key growth milestones that this acquisition, and the recently announced expansion in London, represent”, Kidd said.
What will features will Iron Mountain’s Frankfurt data centre have?
Currently, the facility has 2.6 megawatts (MW) of leased capacity and 8 megawatts of capacity available for retail colocation customers with the option to expand in the future to add Edge computing at the premises. The data centre has robust network connectivity, including access to DE-CIX, one of the world’s largest internet exchanges. The acquisition expands Iron Mountain’s presence in the Frankfurt market, which includes a 27-megawatt pre-leased facility in Frankfurt (FRA-1), and enables the company to add immediate capacity and to build out a team in a market with strong long-term demand.
Due to its position as one of Europe’s major commercial and financial hubs, Frankfurt is also a strong global data centre market, and offers connectivity to network fabrics and service providers as well as a strong power supply, according to Iron Mountain.
Additional highlights of the acquired Frankfurt data centre include:
- Uptime Tier III-equivalent specifications
- Enterprise & Hyperscale ready with the ability to scale
- Peering & Network density: carrier-neutral access to networks, leading global peering exchanges (DE-CIX on site), and the ability to connect to public-cloud on-ramps
- Operational reliability & excellence
- Stringent security standards
Eric Boonstra, Vice President and General Manager, Europe at Iron Mountain Data Centres, expressed his enthusiasm for the new facility, saying: “We are thrilled to be adding an additional data centre in Frankfurt to our global platform as it will meet the high demand we are seeing from our enterprise, edge, and hyperscale customers in the Frankfurt market”.
Microsoft hyperscale plans prompt Lab3 New Zealand launch
Lab3, an Australian cloud migration specialist, has announced it is launching in New Zealand after being prompted by a surge in demand for cloud services and Microsoft’s investment into hyperscale data centres.
The company, which was founded in 2017, has appointed David Boyes as Chief Executive Officer and Rich Anderson as Chief Operating Officer. According to Companies Office records, Boyes and Anderson each have a 10% share in Lab3’s New Zealand business. Commenting on cloud migration, Boyes said: “Across New Zealand, in government and every industry sector, organisations are looking to migrate to the cloud to modernise their technology environments.” He added that the Coronavirus pandemic was fuelling a “ need to tap into the power of data, facilitate remote work and meet public expectations of a virtual world.”
Chris Cook, Group CEO of Lab3 said the business was "first and foremost about client success" which drives the company’s product innovation and motivation to expand into New Zealand. “We look forward to working closely with Microsoft to deliver more for New Zealand clients,” he said.
Microsoft’s New Zealand hyperscale data centre investment plan
Microsoft’s investment into a hyperscale data centre region in New Zealand meant the resulting facilities will aim to provide several organisations with access to the security and scalability of a public cloud without sending data offshore.
Vanessa Sorenson, Managing Director of Microsoft New Zealand, said: “We’ve seen a tremendous acceleration in cloud migration over the past year as organisations have responded to global disruption and conversely, recognised the global opportunities a digital operation brings.
“Our research with IDC shows public cloud technologies are set to create 102,000 local jobs and add [NZ]$30 billion to the New Zealand economy over the next four years, so we’re delighted to welcome a partner of LAB3’s calibre to New Zealand, to help more organisations realise those gains even faster," she added.
Lab3’s clients include several fintech organisations, a global software vendor, Australian federal and state government agencies, and insurance and banking corporations. The company employs over 200 staff and has three advanced specialisations across migrations, Azure virtual desktop, and security.