(The Hosting News) – Leading European data center provider TelecityGroup just expanded its presence in Dublin, Ireland. No, it didn’t take all the effort of having to construct new facilities. The move was a bit more simple and came with the company’s £87.6 million acquisition of Data Electronics Group, formerly a competitor in the area.
By acquiring Data Electronics, Telecity gets two additional data center facilities in the city, an area where the leading provider had already established a presence. Without a doubt, the latest move should establish Telecity as the leader in the Irish market.
Data Electronics provides services including colocation, cloud computing, security, and more.
Commenting on the matter, TelecityGroup CEO Michael Tobin stated, “Data Electronics is a successful Irish technology business with strong growth potential and there is significant local, national and international demand for high quality, connected data centre services in Ireland.”
“The combination of Data Electronics and TelecityGroup creates a platform both to capture this demand and also to fulfill growth requirements of our existing customers in Dublin. I am delighted to welcome the team at Data Electronics to TelecityGroup and look forward to working together,” he continued.
Concerning the move, Data Electronics CEO Maurice Mortell stated that it “will help us continue to build on our successful strategy of attracting both Irish and international businesses choosing to locate their digital infrastructure with us here.”
Telecity has a large data center presence in various top European locations including the likes of London, Paris, Milan, Amsterdam, and more. Providing hosting and colocation, the data center company has provided for top companies including Toys “R” Us, Spotify, and Fender. Other services provided by Telecity include networking, security, data storage, and disaster recovery.
The news comes as more and more top companies look to expand their data center presence worldwide. Late last month, another top data center provider, Digital Realty Trust announced its intention to enter the Australian market. With its expansion, Digital Realty Trust acquired land in Sydney.
Meanwhile, there’s been some interesting news lately concerning the overall power usage at data centers worldwide. A recent study by Stanford Professor Jonathan G. Koomey reported on by the New York Times showed that power usage at data centers has increased 56% worldwide in a span of five years. Such an increase was not quite the boost the U.S. Environmental Protection Agency had previously predicted. However, it was reported that the reason could be caused by two factors, including the global recession and more energy-efficient technology.
For more information on Telecity’s acquisition of Data Electronics, visit: http://www.telecitygroup.com/telecitygroup-acquires-data-electronics.htm