Switch Datacenter Group has sold its AMS1 data centre and operations to Equinix, in an all-cash transaction for EUR30 million (USD34 million).
Switch Datacenter Group sees the sale as a logical step on its path to strengthening its focus on the colocation wholesale market and customer-specific site development for enterprises and hyperscale customers.
Over the last couple of years, Switch Datacenter Group has evolved from a high-end classical retail colocation provider into a professional designer, developer and operator of high-end (wholesale) data centres. Switch Datacenters has made significant investments in R&D and the development of state-of-the-art data centre infrastructure technologies including patented indirect adiabatic cooling technology and OCP-ready (Open Compute Project) data centre infrastructures.
‘’As the Amsterdam data centre market is booming and many new companies are entering the local playing field, we see there is a strong need for a flexible, experienced data centre development & operations company in this Amsterdam market to assist customers in finding the right location, assuring connectivity and power, while also offering a full data centre services portfolio around a proven concept of long term SLA based DCaaS sites,” says Gregor Snip, CEO and founder of Switch Datacenter Group. “Over the years, Switch has created the right skillset and references in this market. At first as a hosting company and later on as a renowned retail colocation provider, while we are now for years already highly experienced in building, designing and improving data centre sites. Now it is the right time to bring this unique knowledge forward and focus even more on becoming a data centre technology development leader.”
Edgar van Essen, Managing Director of the Switch Datacenter Group, says: “The transfer of the AMS1 data centre to Equinix shows that Switch is respected and trusted by leading global players. ’This message is in line with the trust received from many other market leading names in the industry who trust us their ICT infrastructures and business. It is also another proof that the world starts to know Switch as a highly capable, innovative, state of the art data centre development company.”
Switch Datacenter Group runs two more high-end data centres in the Amsterdam metropolitan region and is actively involved in the planning of more wholesale data centres to come.
The transaction was guided and completed by AC Niellsen Data Centers, represented by Frank de Fremery, as exclusive broker for the project on behalf of the shareholders Plain Vanilla Investments (represented by Coen Binnerts) and SDC Holding (represented by Gregor Snip).