Data centers aren't cheap, but once they're up and running, they can be lucrative. Vantage Data Centers, which provides cloud providers and businesses with data center capacity, announced today that it has received more than $ 800 million in new equity from its current investors and new investor, Digital Colony Partners, investments in digital infrastructure ,
Just last year, Vantage announced that it had secured just under $ 700 million to drive its expansion in North America through securitized debt and debt financing.
With this new financing, Vantage is now expanding to Europe. To accelerate this process, the company has taken over Etix Everywhere, which currently operates 12 data centers for over 200 customers. Etix is primarily represented in Europe, but also operates data centers in Latin America and Africa.
"The Etix team and I are very excited to be part of Vantage," said Antoine Boniface, the (now former) CEO of Etix. "The experience Vantage has with North American hyperscale, cloud and wholesale customers combined with Etix's European experience and the Frankfurt Hyperscale campus creates a compelling platform that is ideally positioned to serve customers across Europe . "
In addition to taking over the Etix locations, Vantage is also planning five new European locations in Berlin, Frankfurt, Milan, Warsaw and Zurich. Vantage will now be active in 11 markets worldwide. Vantage announces that approximately $ 2 billion will be invested in this European expansion without disclosing how much Etix has been paid for it.