Vantage Data Centers and Digital Colony team up for US $ 1.25 billion capital raise
antage Data Centers , a leading
V global provider of hyperscale data centre campuses , has
announced that it has raised US $ 1.25 billion in incremental equity capital from its existing investors , led by Digital Colony . This funding will be used to fuel ongoing expansion and development across North America and Europe .
“ Hyperscale data centre market demand remains strong , and this capital raise will allow Vantage to accelerate its global expansion of sustainable , large-scale campuses ,” said Sharif Metwalli , CFO , Vantage Data Centers . “ This capital raise demonstrates our investors ’ continued commitment to Vantage ’ s strategic growth plan .”
HUBER + SUHNER partners with Comtec to meet increasing fibre optic demands in the UK
“ The Vantage team continues to do an amazing job supporting the growth of its hyperscale customers as they expand in North America and increasingly throughout Europe ,” said Marc Ganzi , President and CEO of Colony Capital and Digital Colony . “ Supporting the strategic development and financing of our partner companies is a key pillar of Digital Colony ’ s alpha-creation strategies , so we ’ re thrilled to be a part of Vantage ’ s next big step forward .”
Vantage has continued its strong trajectory in the second half of 2020 by reaching new milestones around funding and development . The company recently opened its flagship European campus in Frankfurt , Germany , with the completion of the first phase of what will be a threebuilding campus delivering 55MW of critical IT capacity once fully developed .
UBER + SUHNER is
H partnering with Comtec , one of the UK ’ s largest
Value Added Distributors of IP infrastructure , to provide smart , simple and scalable fibre optic solutions for communication networks in both the carrier and enterprise markets .
As a leading supplier of high-quality communications systems across the data centre , LAN , WAN and access network markets , HUBER + SUHNER will bring unique offerings to Comtec , beginning with its comprehensive fibre management portfolio for data centres , including the LISA and IANOS systems .
“ We are excited to deliver the quality solutions from HUBER + SUHNER that customers have come to trust and , by launching this partnership , we are making its premium solutions readily available to our customers throughout the
UK ,” said Steve Melay , Commercial Manager at Comtec .
Comtec was recently acquired by the ETC Group , a major player in the telecommunications industry in the US and Europe where HUBER + SUHNER is already an established partner , as part of a wider future strategy to claim the forefront of the supplier market .
“ We are confident that this strategic partnership will enable us to develop and support new opportunities within the carrier and enterprise network sectors and deliver solutions that meet the increasing demands for fibre optic technology ,” said Simon Money , Sales Manager , Data Centre Market at HUBER + SUHNER . “ By working in partnership with Comtec , we can ensure that the needs of the market are addressed and that our customers have access to proven solutions that improve network infrastructure performance , enhance operations and drive their business forward .”
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