This strategic investment accelerates VIRTUS’ business growth even further following ST Telemedia’s investment earlier this year. It also increases its portfolio of high quality, cloud centric metro data centres, making it one of the largest hybrid data centre providers in London. VIRTUS acquired 100% of the share capital in the operating company which owns the Slough Data Centre, now known as VIRTUS LONDON4. The assets, operating staff and customers of the Infinity Slough business have all transferred to VIRTUS through the transaction.
VIRTUS has experienced significant growth in the last five years through its portfolio of hyper efficient, ultra-high density and highly interconnected facilities, which have proved particularly attractive to cloud providers and modern enterprise IT users. Adding a further data centre to the VIRTUS portfolio strengthens VIRTUS’ market position and accelerates its expansion by more than doubling the capacity available to customers and prospects to around 35MW. The Slough data centre will enhance the existing VIRTUS data centre network and ecosystem, as well as provide an additional location in the popular data centre submarket of Slough.
Readily available space and power with diversity and choice of location is an important factor for customers looking to colocate their IT in the London market as they look to innovate and enhance their digital estate.
The VIRTUS data centres in Slough, Hayes and Enfield provide customers with access to an unrivalled group of interconnected and cloud enabled data centres, each offering the core VIRTUS value proposition, while complementing each other with rich groups of ecosystems in cloud providers, public sector, financial services, life sciences and education.
Neil Cresswell, CEO, VIRTUS Data Centres said: "The market for high quality, innovative and customer friendly colocation services in London continues to be very buoyant for the right type of proposition. We have experienced strong demand for the unique offerings of VIRTUS LONDON1 and LONDON2 and are always looking for the right kind of sites to meet our ever-growing inventory requirements. We are committed to long term sustainable and scalable expansion and we were being asked by customers and prospects to offer additional locations, including Slough.
LONDON4 is a great strategic fit for us as we already share a number of customers, and offer the same high quality operational model. Furthermore, it fits our brand of efficient, flexible, connected data centre solutions. The employees joining VIRTUS as part of this transaction have a reputation for providing excellent customer service and enterprise-class solutions and we value these new team members and customers as a welcome part of the enlarged VIRTUS family.”
Commenting on the investment, Mr Bruno Lopez, ST Telemedia’s wholly owned subsidiary, STT GDC’s CEO and Board Director of VIRTUS said “This investment will complement VIRTUS' existing assets and strengthen its market position with extended reach in one of the largest European data centre markets. With the expansion of its current portfolio, VIRTUS will further enhance its value proposition to its customers leveraging ST Telemedia's global data centre platform."
