nLighten takes over Euclyde Data Centers

The European data center company nLighten has acquired the French data center provider Euclyde Data Centers. The newly established corporation has acquired Euclyde and assumed control of six facilities in Sophia Antipolis, Lyon, Strasbourg, Besançon, and Paris. This agreement signifies nLighten's first expansion outside of Germany. The agreement's terms were kept confidential. I Squared Capital owns nLighten through its ISQ Global Infrastructure Fund III. Exa Infrastructure, a subsidiary of I Squared Capital, provided the company with its initial ten data centers in Germany upon its launch earlier this year. nlighten's existing portfolio encompasses centers in Berlin, Düsseldorf, Frankfurt, Hamburg, Hannover, Cologne, Leipzig, Munich, Nuremberg, and Stuttgart.

Launched in 2004, Euclyde maintains six sites in France totaling 59,200 square feet of IT space in Lyon, Sophia Antipolis (x2) in Antibes, Besancon outside of Dijon, the Lognes neighborhood of eastern Paris, and Strasbourg. Additionally, the company offers space in LuxConnect's Luxembourg center. Along with Houry, Euclyde Data Centers was owned by the Kwattro group and two Credit Agricole investment entities. nLighten stated that Euclyde had a proven track record of entering new local markets in France via accretive greenfield and M&A transactions, which it will “seek to further accelerate.”