Vantage Buys Hypertec’s Hyperscale Data Centers in Montreal
Vantage Data Centers is expanding – by a lot – in Canada.
The developer, whose focus has been building (and buying) large data centers and leasing them wholesale to large customers, has acquired the colocation business of Hypertec, which sells a variety of computing infrastructure services but has apparently decided to get out of the business of selling data center space and power.
Vantage is taking over Hypertec’s data center campus in Montreal, which already has two facilities with 25MW of capacity total and enough expansion capacity to build a third one for an additional 24MW, which Vantage said it would start building immediately.
At full buildout, the campus will give Vantage about five times its current capacity in Montreal. The existing 11MW Vantage Montreal campus is about two miles away.
Terms of the transaction were not disclosed.
Vantage announced the deal – its third acquisition this year, the other two being its Etix Everywhere and NGD deals in Europe – one day after it announced a $1.25 billion equity investment from its existing investors, led by one of its largest backers, Digital Colony.