LONDON — The European data center company AtlasEdge is expanding its presence in the continent by acquiring 12 data centers from Colt DCS.
The data centers are in “key” markets across Europe: Amsterdam, Barcelona, Berlin, Brussels, Copenhagen, Hamburg, London, Madrid, Milan, Paris, and Zurich, according to AtladEdge in November.
The acquisition also establishes a collaboration between AtlasEdge and Colt DCS, with Colt Technology Services becoming an anchor tenant across multiple facilities.
AtlasEdge’s distributed and connected data center footprint is set up to support localized or low-latency applications at the network edge.
The company’s network-neutral colocation strategy is intended to enable customers to optimize network routes, minimize bandwidth costs, and take advantage of the community of companies in the facilities: cloud computing, content, technology, and enterprises.
AtlasEdge operates over 100 data centers in Europe, providing connectivity to over 50 on-net carriers.
“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, AtlasEdge.
“Our approach is open, carrier-neutral, and collaborative, and we look forward to working alongside Colt.”
Niclas Sanfridsson, CEO or Colt DCS, said demand for data storage and cloud capabilities has “never been higher,” along with 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,” Sanfridsson said.
“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.”