Pan-European edge data centre services provider AtlasEdge has acquired Germany’s Datacenter One (DC1).
The acquisition will accelerate AtlasEdge’s expansion across Germany, with Stuttgart-headquartered DC1’s multiple data centres complementing AtlasEdge’s existing operations in Berlin and Hamburg.
AtlasEdge was formed through a joint investment by Liberty Global and DigitalBridge. AtlasEdge operates over 100 edge locations across 13 countries.
DC1’s senior management team will remain unchanged following the transaction. Wolfgang Kaufmann, CEO of DC1, will be joining AtlasEdge’s management team.
Giuliano Di Vitantonio, CEO of AtlasEdge, said: “Germany is an important part of our expansion plans and a market that has seen customer demand rise across multiple metros.
“Acquiring DC1 transforms AtlasEdge into Germany’s leading distributed platform, with ready-to-sell capacity in key locations across the country. We look forward to working with our new colleagues and continuing to grow our footprint across the continent.”
The transaction is subject to regulatory approval and is expected to close towards the end of 2022.