AUSTIN,
Texas, July 10, 2024 /PRNewswire/ -- Digital
Realty (NYSE: DLR), the leading global provider of cloud- and
carrier-neutral data center, colocation, and interconnection
solutions, today announced the acquisition of a highly connected
colocation data center in the Slough Trading Estate for
$200 million. The acquisition marks
the company's entry into the west London submarket and complements existing
colocation capabilities in the City and Docklands.
The newly acquired campus features two individual data centers
with a combined capacity of 15-megawatts (MW), excellent
connectivity, and room for future expansion. The Slough data center
campus is an established hub for a community of 150+ customers,
including a broad array of connectivity providers, technology
companies, and financial services firms, utilizing over 2,000 cross
connects.
In addition to being integrated into Digital Realty's existing
Metro Connect solution, enabling seamless connectivity between
its six campuses located throughout Greater London, customers will also benefit
from access to ServiceFabric™, Digital Realty's open
interconnection and orchestration platform. These enhancements will
provide customers with unparalleled access to a global, secure, and
dynamic data exchange network, further empowering them to
effectively manage and scale their digital operations.
Séamus Dunne, Managing Director, Digital Realty in the
United Kingdom (UK) and
Ireland, commented on the
acquisition, "This expansion into Slough is a significant step for
Digital Realty, reinforcing our commitment to supporting digital
transformation in the UK and across Europe. As the UK solidifies its position as
Europe's premier technology hub,
this acquisition enhances our ability to support customers as they
grow and scale, further establishing our presence in this vital
market."
This acquisition not only strengthens Digital Realty's presence
in a key market but also supports the company's sustainability
goals. Consistent with Digital Realty's commitment to
sustainability, the Slough data center campus will be powered
entirely by renewable energy, aligning with the company's practice
of matching 100% of the energy used in its European portfolio with
renewable sources and its goal of achieving carbon neutrality for
its European portfolio by 2030.
This strategic acquisition is part of Digital Realty's ongoing
commitment to enhancing its global data center platform,
PlatformDIGITAL®.
About Digital Realty
Digital Realty brings companies
and data together by delivering the full spectrum of data center,
colocation and interconnection solutions. PlatformDIGITAL®, the
company's global data center platform, provides customers with a
secure data meeting place and a proven Pervasive Datacenter
Architecture (PDx®) solution methodology for powering innovation
and efficiently managing Data Gravity challenges. Digital Realty
gives its customers access to the connected data communities that
matter to them with a global data center footprint of 300+
facilities in 50+ metros across 25+ countries on six continents. To
learn more about Digital Realty, please visit
digitalrealty.com or follow us on LinkedIn and X.
For Additional Information
Media Contacts
Will Reynolds
Digital Realty
+44 7469 695775
wreynolds@digitalrealty.com
Investor Relations
Jordan Sadler / Jim Huseby
Digital Realty
+1 737 281 0101
InvestorRelations@digitalrealty.com
Safe Harbor Statement
This press release contains
forward-looking statements which are based on current expectations,
forecasts and assumptions that involve risks and uncertainties that
could cause actual outcomes and results to differ materially,
including statements related to the United Kingdom and European markets and the
Slough data center campus, development plans in the United Kingdom, projections regarding the
company's strategy and customer demand and the company's
sustainability program, goals and achievements. For a list and
description of such risks and uncertainties, see the reports and
other filings by the company with the U.S. Securities and Exchange
Commission. The company disclaims any intention or obligation to
update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise.
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SOURCE Digital Realty
