DWS, an investment management company, agreed to acquire NLDC, a provider of colocation and connectivity services in the Netherlands from Royal KPN, a Dutch landline and mobile telecommunications company. Financial terms were not disclosed. The transaction is in line with KPN’s strategy to accelerate simplification and focus on core ICT services in Business. After closing of the transaction, KPN continues to deliver its core ICT services out of its remaining and NLDC data centers in the Netherlands as well as use public cloud capabilities such as AWS and Azure.