Announced
Completed
Financials
Tags
Completed
IT Services: Other
Friendly
United Kingdom
Acquisition
Data Centers and Hosting
data center operator
Private
Majority
Single Bidder
Synopsis
ServerFarm, the innovative data center developer and operator, has completed the acquisition of 5NINES Global and will integrate the organization's employees, customers, subsidiaries, operations and assets into ServerFarm's global business. Financial terms were not disclosed. This development expands ServerFarm's network to several new locations around Europe and the US while boosting the company's ability to deliver highly effective digital transformations for global enterprises. "We are delighted to have acquired one of the world's most innovative data center operators. This acquisition not only extends our global data center footprint but also provides a platform to help more customers by repeating a well-proven model. We built ServerFarm because we recognized that global enterprise customers are looking to be released from owning and operating cost- and capital-intensive data center and IT infrastructure and move to more cloud-like as a service, flexible model. This acquisition positions ServerFarm to help more customers around the world realize this objective, and our significant portfolio and services combined with 5NINES' innovation will define how enterprise data center owners deliver digital strategies for years to come." Avner Papouchado, ServerFarm CEO.
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