Digital Realty completed the acquisition of Teraco from Berkshire Partners and Permira for $3.5bn.

Digital Realty, the largest global provider of cloud- and carrier-neutral data center, completed the acquisition of Teraco, a carrier-neutral colocation provider, from private equity firms Berkshire Partners and Permira for $3.5bn. "We are very excited to complete this transformative transaction that positions Digital Realty as the premier data center and connectivity provider on the high-growth African continent. Today's milestone gives us significant regional scale and access to a premier, high-quality portfolio in Africa's largest market, enhancing our ability to serve growing customer demand for connectivity in the region. We're thrilled to strengthen our global platform and deepen our commitment to investment in Africa, as we capitalize on the tremendous opportunity in the region," A. William Stein, Digital Realty CEO.