Vantage Data Centers receives funding for EMEA expansion
Vantage Data Centers says it has reached an agreement with a consortium of investors that will help fund expansion initiatives in Europe, the Middle East, and Africa (EMEA). Funds affiliated with the investment management platform of DigitalBridge Group, Inc., MEAG (the asset manager of Munich Re Group), and Infranity, as well as other investors, have pledged money that values the “Investment Partnership” at approximately €2.5 billion (approximately $2.7 billion), including Vantage’s stake.
Formation of the Investment Partnership should conclude in the current calendar quarter, subject to satisfaction of certain closing conditions, including the receipt of certain regulatory approvals.
Founded in 2010, Vantage Data Centers builds and operates hyperscale data centers in North America, EMEA, and Asia Pacific. In EMEA, the company operates two data centers in Berlin, another two in Frankfurt, plus single sites in Cardiff, Milan, Warsaw, and Zurich. Vantage Data Centers announced this past January plans to build a new facility in London as well (see “Vantage Data Centers plans London hyperscale data center campus”).
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Stephen Hardy | Editorial Director and Associate Publisher, Lightwave
Stephen Hardy is editorial director and associate publisher of Lightwave and Broadband Technology Report, part of the Lighting & Technology Group at Endeavor Business Media. Stephen is responsible for establishing and executing editorial strategy across the both brands’ websites, email newsletters, events, and other information products. He has covered the fiber-optics space for more than 20 years, and communications and technology for more than 35 years. During his tenure, Lightwave has received awards from Folio: and the American Society of Business Press Editors (ASBPE) for editorial excellence. Prior to joining Lightwave in 1997, Stephen worked for Telecommunications magazine and the Journal of Electronic Defense.
Stephen has moderated panels at numerous events, including the Optica Executive Forum, ECOC, and SCTE Cable-Tec Expo. He also is program director for the Lightwave Innovation Reviews and the Diamond Technology Reviews.
He has written numerous articles in all aspects of optical communications and fiber-optic networks, including fiber to the home (FTTH), PON, optical components, DWDM, fiber cables, packet optical transport, optical transceivers, lasers, fiber optic testing, and more.
You can connect with Stephen on LinkedIn as well as Twitter.