.
MergerLinks Header Logo

New Deal


Announced

Completed

ServerFarm completed the acquisition of 5NINES Global.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Completed

IT Services: Other

Friendly

United Kingdom

Acquisition

Data Centers and Hosting

data center operator

Private

Majority

Single Bidder

Synopsis

Edit

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.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US