Vantage Data Centers, a provider of hyperscale data center campuses, has announced it has closed its acquisition of Next Generation Data (NGD) from InfraVia along with the two founders of NGD, the company said.
Cardiff marks Vantage´s sixth European market following its acquisition of Etix Everywhere and entrance into Berlin, Frankfurt, Milan, Warsaw and Zurich in February 2020.
The acquisition provides Vantage´s customers with access to Europe´s largest data center campus, which is in the Cardiff Capital Region of South Wales. The campus totals 180MW, including an existing 72MW facility and 108MW of expansion capacity. Joining Vantage Europe is the NGD team, including former CEO Justin Jenkins who will serve as chief operating officer of Vantage Europe and president of Vantage UK
The NGD acquisition was funded with equity commitments from Digital Colony Partners and other investors in Vantage, as well as acquisition debt financing.
Terms of the deal are not being disclosed.
Vantage Data Centers powers, cools, protects and connects the technology of the world´s well-known hyperscalers, cloud providers and large enterprises. Developing and operating across six markets in North America and six markets in Europe, Vantage has evolved data center design in innovative ways to deliver dramatic gains in reliability, efficiency and sustainability in flexible environments that can scale as quickly as the market demands. For more information, visit www.vantage-dc.com.