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Vantage Data Facilities Acquires Hypertec’s Hyperscale Info Center Enterprise | Business & Finance

DENVER & MONTREAL–(Enterprise WIRE)–Nov 20, 2020–

Vantage Information Centers, a main world wide provider of hyperscale facts middle campuses, now announced it has acquired the hyperscale information center enterprise from Hypertec in Montreal. The transaction expands Vantage’s overall footprint in the Province of Quebec to 81MW of IT ability across 3 campuses.

As a outcome of the acquisition, Vantage is ideally positioned to advantage from increasing shopper demand from customers in the Montreal sector. Hypertec’s 49MW campus contains 25MW throughout two existing amenities and 24MW of enlargement ability. The campus, situated significantly less than two miles from Vantage’s current 11MW campus in Montreal, sits on 10 acres and will consist of 320,000 square feet when thoroughly formulated. Vantage will right away commence construction of a 3rd facility to total the campus. The Hypertec data centre team has joined Vantage.

“The acquisition of Hypertec permits Vantage to continue capitalizing on Montreal’s hyperscale development offered its obtain to scalable renewable electricity, attractive ability charges, tax incentives and sturdy fiber connectivity,” mentioned Sureel Choksi, president and CEO, Vantage Data Centers. “Since coming into the Canadian sector in early 2019, Vantage has invested seriously in the location. We have been incredibly impressed by the Hypertec information heart crew and are excited to welcome them to Vantage.”

“Vantage continues building substantial investments in the Province of Quebec, and the Hypertec acquisition even further cements our situation as a foremost hyperscale provider in Canada,” explained Maxime Guévin, vice president and basic manager for Vantage Canada. “This amplified capability positions us to greater provide our neighborhood and global clients, and we hope Montreal to reward from the addition of extra significant-good quality employment and income coming into the region.”

“This transaction is an critical strategic go for Hypertec as we look to more concentrate our sources and money on propelling our speedy growing main know-how products and products and services firms ahead, as properly as on escalating new verticals.” explained Jonathan Ahdoot, Hypertec’s main commercial officer. “This deal also delivers our info centre small business unit the chance to develop and scale extra rapidly as component of Vantage’s world platform. We are self-assured that our colocation consumers are in good palms with a organization identified for its amazing client service and operational excellence.”

The transaction was funded with fairness commitments from Electronic Colony and other existing Vantage traders, as effectively as acquisition personal debt financing. Phrases of the deal are not remaining disclosed.

About Vantage Details Facilities

Vantage Data Facilities powers, cools, shields and connects the technological innovation of the world’s perfectly-recognised hyperscalers, cloud suppliers and substantial enterprises. Creating and working across 6 marketplaces in North The united states and six marketplaces in Europe, Vantage has evolved knowledge centre layout in ground breaking techniques to supply dramatic gains in reliability, performance and sustainability in adaptable environments that can scale as speedily as the market place demands.

Founded in 1984, Hypertec is a global technologies company that delivers a wide vary of slicing-edge infrastructure know-how goods and products and services which are trustworthy by leading cloud, conversation, economic expert services, media and amusement, health care, and public sector businesses. Deploying to shoppers in more than 80 countries around the globe, Hypertec has the exceptional capability to deliver innovative tailored infrastructure know-how remedies at scale and speed, mixed with its model status for excellent and reliability.

+1-202-680-4243Robin Bectel

REQ for Vantage Details Facilities

+1-703-287-7827André Lamarre


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Source: Vantage Knowledge Centers

Copyright Company Wire 2020.

PUB: 11/20/2020 01:12 PM/DISC: 11/20/2020 01:12 PM

Copyright Small business Wire 2020.