Telehouse added another big piece to its growing data center footprint yesterday, entering the Frankfurt market in force. The subsidiary of Japanese giant KDDI has purchased Databurg GmbH to gain its first foothold in the key German financial center and data center market.
The acquisition brings 220,000 square feet of colocation space into the Telehouse's portfolio, as well as access into the DE-CIX exchange. The company has immediately opened the new facility as Telehouse Frankfurt, which takes its place alongside the company's other facilities in London and Paris. Last year, Telehouse opened facilities in Hong Kong, Istanbul, and New York City (Chelsea). With this move, they are clearly signalling that 2012 will be similarly expansive.
KDDI and its subsidiaries have been quite actively making M&A moves around the world, including the purchase of CDnetworks in the fall. I suspect they have more infrastructure moves yet to make.
Financial terms of the Databurg GmbH acquisition were not disclosed.
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