Announced
Financials
Tags
Majority
Private
Friendly
United Kingdom
Cross Border
Joint Venture
data centers
Private Equity
Single Bidder
Data Centers and Hosting
Pending
Synopsis
Liberty Global, an Anglo-Dutch-American multinational telecommunications company, and Digital Colony, a global investment firm, agreed to form AtlasEdge Data Centres, a European Edge data center business. Financial terms were not disclosed. "Combining Liberty Global’s technical real estate and track record in building successful, sustainable businesses with Digital Colony’s expertise in digital infrastructure investment creates an exciting platform for growth that will deliver long-term value. The proposed joint venture presents significant growth opportunities as we look to build this business into a leading European edge data center operator. Furthermore, since several of our operating companies will become anchor tenants, Liberty Global customers will also benefit from better and more responsive services," Mike Fries, Liberty Global CEO.
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