ASCENTY INVESTOR’S DIGITAL REALTY ACQUIRES TERACO, AFRICA’S LEADING DATA CENTER COMPANY
Global group extends leadership in data center solutions industry by acquiring majority stake in African company for approximately $3.5 billion
Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, and one of the investors of Ascenty, the main data center company in Latin America, announces that it has entered into a definitive agreement to acquire a majority stake in Teraco, Africa’s leading carrier-neutral colocation provider, from a consortium of investors, including Berkshire Partners and Permira, in a transaction valuing Teraco at approximately $3.5 billion.
With seven facilities located in South Africa’s main urban centers in Johannesburg, Cape Town, and Durban, Teraco serves approximately 600 customers, including connectivity providers, cloud and content platforms and enterprises. Teraco enables 22,000 customer interconnections, and its Johannesburg campus is one of the world’s most densely interconnected sites, with 13,000 cross-connects.
For Ascenty’s 350 global clients operating in Latin America, this acquisition consolidates the world-class excellence standard of the digital ecosystem in which they operate. Companies with data allocated in any of Ascenty’s 27 data centers in Brazil, Chile and Mexico rely on 5,000 km of dedicated fiber optic network, connecting the submarine cable stations in Fortaleza, Rio de Janeiro and Praia Grande, SP.
“The end result of being part of a group that is the global leader in data center solutions is connectivity with low latency, greater resilience, and ultimately superior end-to-end market availability to conduct business activities anywhere in the world,” says Chris Torto, Ascenty’s CEO.
About Digital Realty
Digital Realty supports the world’s leading enterprises and service providers by delivering the full spectrum of data center, colocation, and interconnection solutions. PlatformDIGITAL®, the company’s global data center platform, provides customers a trusted foundation and proven Pervasive Datacenter Architecture PDx™ solution methodology for scaling digital business and efficiently managing Data Gravity challenges. Digital Realty’s global data center footprint gives customers access to the connected communities that matter to them with 284 facilities in 50 metros across 26 countries on six continents. For more information, please visit digitalrealty.com or follow us on LinkedIn and Twitter.
Ascenty is a Digital Realty and Brookfield Infrastructure joint venture company and Latin America’s largest data center provider, with 27 data centers in operation and/or under construction, interconnected by a dedicated fiber-optic network spanning 5,000 kilometers. The company has developed and operated world-class data centers since 2010, serving some of the world’s largest technology companies. In line with Ascenty’s expansion project, the company received a strategic investment from Brookfield Infrastructure, one of the largest asset managers in Brazil in the infrastructure and private equity segments. With Digital Realty, the company now takes on even more expertise by joining a global network of 284 data centers located across North America, Europe, Latin America, Asia and Australia. To learn more about Ascenty, go to: http://www.ascenty.com
For Additional Information
John Stewart/ Jim Huseby
+1 (415) 738-6500
Forward-Looking Statement/ Safe Harbour Statement
[To be inserted by Legal]