eStruxture buys Kolotek for Canadian expansion
Thu 15 Feb 2018
eStruxture has purchased Quebecois data centre firm Kolotek from Gaz Métro Plus in order to expand offerings in Montreal.
Kolotek was the first firm to achieve Tier III certification in a data centre in the Greater Montreal area, and eStruxture hopes that this acquisition will give both of the firm’s customers the option to take advantage of more physical locations in the city.
As well as this, it should improve multi-site and disaster recovery options for customers, while eStruxture will benefit from the strengthening of its pool of network providers.
“We are very proud of the data centre business we have built since 2009 and recognized some time ago that our customers would require more capacity, more locations and more network connections to continue to grow their businesses,” said Yvan Lefebvre, general manager of Kolotek.
“We believe this transaction is the right move both for our customers, and for the continued growth of the data centre business built by our Kolotek team.”
The acquisition comes during a busy period of expansion for eStruxture, which recently received $180 million (approx. £120 million) in capital in order to push its growth plans.
Once the purchase is complete, the firm will have nearly 900 customers in 30 countries, and three data centre sites, including its recently announced facility at the former Montreal Gazette printing site. All three sites will be connected using high-speed network access.
Todd Coleman, eStruxture president & CEO, said: “We are excited by the opportunity to give all our customers more – more locations, more network connections and more choice.
“Our strategy is to expand across Canada while building capacity and a greater depth of products, all in the service of giving customers more. And with our enhanced balance sheet courtesy of our new invested capital and debt facility, our position is stronger than ever.”
In other Canadian data centre news, the private investment firm that founded Digital Realty recently purchased Ericsson’s Quebec data centre.