EdgeConneX has made an inorganic move into a completely new geographical area. Yesterday the edge data center specialist announced an agreement to acquire Global Data Center, entering the data center market of the Middle East for the first time.
GDC operates two facilities, one in Herzliya Pituach to the north of Tel Aviv, and the other in Petah Tikva to the east of Tel Aviv. Both are highly secure, underground facilities, which make sense given the occasional potential for explosive things falling from the sky in the region that most data centers don’t really worry about so much.
Of course, EdgeConneX is now backed by EQT Infrastructure, giving the company easier access to the resources needed for such expansions. EdgeConneX has usually taken the organic route, but when entering a new country they have shown an interest in acquiring some local infrastructure and talent to facilitate the process.
Israel wasn’t exactly at the top of my list of places EdgeConneX might take aim at, but when opportunity knocks it knocks I guess. The deal will bring EdgeConneX’s footprint to 40 markets total.
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Categories: Datacenter · Mergers and Acquisitions
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