KPN sells NLDC subsidiary to Deutsche Bank's DWS

May 20, 2019 | Posted by admin

Dutch telco KPN has agreed to sell its data center division, NLDC, to a fund managed by DWS, a global infrastructure investment manager and part of Deutsche Bank.

NLDC consists of six colocation data centers in Aalsmeer, Almere, Eindhoven, Groningen, Oude Meer (Schiphol) and Rotterdam. Terms of the deal were not discussed.

KPN created NLDC as a subsidiary two years ago, and is believed to have been looking to sell the division for some time. At least one of the data centers was built by Digital Realty, which bought a building in Groningen from KPN in 2013, turned the site into a data center, and then leased it back to KPN.

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