Teraco takes data centre fight to African frontier
While SA has new competitors in the market, Teraco believes the data centre war will be won in the rest of Africa region.
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While SA has new competitors in the market, Teraco believes the data centre war will be won in the rest of Africa region.
Data centre operator Digital Realty Trust has agreed to acquire a majority stake in Teraco Data Environments Pty, Africa’s largest data-center operator, from private equity owners Permira and Berkshire Partners.
Digital Realty will buy control Teraco Data Environments in a transaction that values the South Africa-based developer at $3.5 billion.
WASHINGTON (dpa-AFX) - Digital Realty (DLR), Monday said it has agreed to buy a major stake in Teraco, Africa-based carrier-neutral colocation provider, from a consortium of investors, including
Since its founding in 2008, Teraco's giant data centres in Johannesburg, Cape Town, and Durban have become key to the burgeoning growth in broadband in SA.