37m | Melanie Mingas
Digital Edge has completed its largest acquisition to date, paying Itochu Techno-Solutions (CTC) $ 230 million for one of its five data centers in Japan.
The deal adds 5,000 cabinets and 18.5 MW of capacity to Digital Edge’s presence in Japan and brings its total capacity in the country to approximately 38 MW. The five facilities are located in Tokyo, Yokohama and Kobe and, as part of the transaction, Digital Edge also acquired the underlying real estate in four of the five locations where it plans to seize new opportunities to support its growing business. retail and large-scale. in Japan.
Company President Kei Furuta said, âSince the inception of Digital Edge, we have been committed to investing in Japan’s digital infrastructure to meet market demands in the greater Tokyo and Osaka areas.
âI am delighted to have this opportunity to crystallize a strategic partnership with CTC, as we seek to continue to operate, modernize and expand these data centers with the latest technology. The new capability will further strengthen our efforts to create ecosystems around all of our Japanese data centers linked together by CrossLinkTM, our lightning-fast connectivity solution, âcontinued Furuta.
CTC, a major, publicly traded IT services company, will remain a reference customer at all five locations and will work with the Digital Edge team to continue growing the business at each location.
âDigital Edge is constantly looking for opportunities to further expand in Japan. When it comes to scaling cloud services to businesses, as well as CTC’s track record and reputation in providing outsourced IT services, this strategic partnership is a win-win solution not only for CTC and Digital Edge, but also for our customers, âsaid Samuel Lee, CEO of Digital Edge. .
Eiji Haraguchi, Managing Director, IT Services Business Group Manager, CTC added, âThese five data centers have been used by a large number of customers for many years. By collaborating extensively with existing and new Digital Edge data centers, CTC will be able to deliver more advanced open hybrid cloud services to its customers. By leveraging Digital Edge’s expertise in building and operating data centers, we are confident that this transaction and the synergy it creates will accelerate growth opportunities for both parties.