Digital Realty Trust

Digital Realty Trust: Digital Realty considering $1bn Acquisition of Ascenty
started by admin on Jul 10, 2018
posted in Digital Realty Trust discussions

Digital Realty is in talks about buying Ascenty, which operates eight data centres in Brazil and is planning six more.

A still unconfirmed report says that Digital Realty is talking to Great Hill Partners, the private-equity owner of Ascenty. None of the partners are commenting on the report from Bloomberg, which cited "people with knowledge of the matter".

According to Bloomberg the talks are about Digital Realty working with a joint venture partner, leading to speculation that this might by Mitsubishi, which already has a joint venture with it to operate data centres in Japan.

The report says that Ascenty’s customers in Brazil include Amazon, Facebook and Oracle. The company has its own 4,000km fibre network linking São Paulo, Rio de Janeiro and Fortaleza, the coastal city that that has become a landing point for a number of subsea cables from the US, the Caribbean and Africa. The company opened its first data centre in São Paulo in March 2017 and was planning to open its second the following month. Read More at Capacity.

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