Iron Mountain announced that it has entered into an agreement to acquire a data center in Frankfurt from Calcium DC.
The Data Center is a 20,000 square meter, two-story colocation data center site located on freehold land in the Am Martinszehnten Industrial Park, close to the city center and Frankfurt Airport . The 76 million euro transaction is expected to close within the next 90 days subject to customary closing conditions.
The facility currently has 2.6 megawatts of leased capacity and 8 megawatts of capacity available for retail colocation customers with the option to expand in the future to add edge computing on premises. The data center has robust network connectivity, including access to DE-CIX, one of the world’s largest Internet exchanges.
The acquisition expands Iron Mountain’s presence in the Frankfurt market, which includes a pre-leased 27 megawatt facility in Frankfurt (FRA-1), and allows the company to add immediate capacity and build a team in a market with high demand.
“This latest investment in one of Europe’s most desirable markets further strengthens our commitment to investing in global markets where our customers need us,” said Mark Kidd, executive vice president and general manager of data centers at Iron Mountain. “As a leading global data center supplier, we are delighted to continue to achieve the key growth milestones represented by this acquisition and the recently announced expansion in London. “
Frankfurt is a strong global market for data centers due to its position as one of Europe’s leading commercial and financial centers. In addition, Frankfurt offers rich connectivity to network structures and service providers, as well as a powerful power supply.
In addition to the agreement to acquire the Frankfurt data center, Iron Mountain recently announced further expansion in Europe with the construction of a 27 megawatt data center in London (LON-2), in addition to the 9 megawatts of rental capacity of its LON-1 data center. . The company also announced a recent joint venture with Web Werks, one of India’s leading data center providers, adding three carrier-neutral Tier 3 data centers in Mumbai, Pune and Delhi to their global footprint.
“We are excited to add an additional data center in Frankfurt to our global platform as it will meet the strong demand we are seeing from our enterprise, peripheral and hyperscale customers in the Frankfurt market,” said said Eric Boonstra, vice president and general manager. , Europe in Iron Mountain data centers.
Other strengths of the acquired Frankfurt data center include:
- Specifications equivalent to level III availability
- Enterprise and hyperscale ready with scalability
- Peering and network density: access to operator-neutral networks, main global peering exchanges (DE-CIX on site) and possibility of connecting to public cloud access ramps
- Operational reliability & excellence
- Strict safety standards
Iron Mountain’s global data center platform consists of 15 operational facilities across 13 markets and three continents. Comprising the new Frankfurt data center and the recently closed Web Werks joint venture, Iron Mountain’s data center platform can support nearly 460 megawatts of IT capacity at full capacity, including rental capacity, land and buildings intended for future development.