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Interxion, Amsterdam-based operator of 50 European data centres in 11 countries, has entered into an agreement to acquire a controlling stake of Icolo and its data centres in Kenya. At the same time, Interxion announced a strategic partnership with the Pembani Remgro Infrastructure Fund (PRIF). Interxion and PRIF will collaborate and co-invest in Interxion’s African expansion initiatives.
The transaction is expected to close in the first quarter of 2020.
Interxion inks agreement to acquire 70% interest in Kenyan data centre company Icolo Interxion, Amsterdam-based operator of 50 European data centres in 11 countries, has entered into an agreement to acquire a controlling stake of Icolo and their data centres in Kenya. At the same time, Interxion announced a strategic partnership with the Pembani Remgro… Read More
Digital Realty has announced the acquisition of Amsterdam-based colocation and interconnection provider Interxion in an all-stock deal worth $8.4bn.
The acquisition surpasses Digital Realty’s $7.6 billion purchase of DuPont Fabros Technology as the largest acquisition in the history of the data centre industry and puts an end to recent speculation over the future of Interxion, rumoured to be mulling takeover bids from several investment firms.
The latest organisation interested in acquiring Cyrus One is its data centre rival Digital Realty, according to Bloomberg.
Last month Bloomberg broke the news that Cyrus One was looking at potential suitors after receiving takeover interest, prompting the Texas-based data centre company’s stock to surge.
CyrusOne is considering a sale after the colocation company was approached by a group of bidders, including KKR & Co., Stonepeak Infrastructure Partners and I Squared Capital.
The group has not yet made a bid but has alerted CyrusOne that it is in the preliminary stages of proposing one. A source familiar with the matter told Bloomberg that there are other bidders interested in CyrusOne and that the Dallas-based company has not yet made a decision on a potential takeover.