Colt DCS and RMZ to form a joint venture in a $1.7bn deal.

Colt DCS, a data centres designer, builder and operator, and RMZ, a privately-owned global alternative asset owner, agreed to form a joint venture in a $1.7bn deal. “In terms of our expansion, India remains a strategic country of focus and key in terms of delivering against our aggressive growth strategy. Colt DCS has a proven track record, working with the world’s largest hyperscale cloud providers and multi-national companies. The partnership with RMZ will provide the opportunity to further accelerate and execute our ambitious plans,” Niclas Sanfridsson, Colt DCS CEO.