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Colt Technology Services sells off eight data centres to regional player

Colt Technology Services sells off eight data centres to regional player

Colt Technology Services is selling six of its data centres in major cities across Europe to data centre provider NorthC, headquartered in the Netherlands and majority-owned by funds managed by DWS Group.

Colt will also sell two of its data centres in London to a UK-based data centre business, also owned by funds which are managed by DWS Group.

The city centre data centres included in the divestment are located in Amsterdam, Berlin, Dusseldorf, Frankfurt, Hamburg, and Munich, plus the two in London. The data centres were part of the assets Colt gained with its acquisition of Lumen EMEA in 2023.

The colocation business of approximately 400 customers will transfer from Colt as part of the divestment. The majority of these customers also purchase network products from Colt and will remain Colt customers, we are told.

Colt will enter into a partnership with NorthC and will retain network equipment in the divested data centres as part of its global digital infrastructure, which connects 32,000 buildings, spans over 40 countries, reaches more than 275 points of presence (PoPs), and includes ten subsea cable systems.

NorthC is an independent provider of regional data centres in the Netherlands, Germany and Switzerland, and distinguishes itself through its strong local presence in the various regions. It serves managed service providers, enterprises, institutions, and government organisations.

Keri Gilder, CEO, Colt Technology Services, said: “The sale will enable us to focus on our strategic imperatives of driving growth, delivering exceptional customer experience, and building a sustainable network for the future.”