Story image

AXA IM acquires DATA4 and its 15 data centres across Europe

25 Jul 18

AXA Investment Managers (AXA IM) – Real Assets has acted on behalf of AXA France to acquire DATA4’s remaining shares from Colony Capital.

Since 2012 AXA IM - Real Assets has held a 37 percent stake in the European data centre specialist operations and with today’s announcement now accounts for 100 percent.

According to DATA4, AXA IM – Real Assets has been involved in the governance of the company since the beginning of its investment, supporting it as it tackles the challenges of digital transformation and recognising the strong potential of the internet infrastructure sector.

“We are very pleased with this investment from AXA IM - Real Assets, with whom we’ve been collaborating with for six years now and who know our company and the sector very well,” says DATA4 chairman and CEO Olivier Micheli.

“This is a clear show of support for us as we continue to grow and sends a signal of stability and continuity, whilst also recognising our company’s continued performance. Together we have the ambition of accelerating the execution of our strategy, reinforcing the strength of our offering in current markets whilst expanding our European footprint.”

DATA4 was originally established in 2006 by Colony Capital and now operates 15 data centres across Paris, Milan, and Luxembourg. According to the company, there will be further international expansion in the near future, including the imminent opening of a new site in Madrid.

The specialist in dedicated and shared data hosting offers services to cloud suppliers, digital service firms, and large- and medium-sized companies. DATA4 finances, designs, builds, and operates its own data centres.

“We are pleased to have made this strategic investment in DATA4 which has achieved a leading position in Europe thanks to its excellent operational team and high quality portfolio of assets, while it also benefits from an ambitious development pipeline,” says AXA IM – Real Assets CEO Isabelle Scemama.

“We have a clear aim to grow the platform whilst striving to deliver the best value for our clients through the acquisition of new sites. The combination of the operational expertise of the DATA4 team and the sourcing and execution capabilities of AXA IM - Real Assets’ investment professionals should prove the platform a valuable asset to us in delivering on our ambition.”

Dell dominates enterprise storage market, HPE declines
The enterprise storage system market continues to be a goldmine for most vendors with demand relentlessly rising year-on-year.
The key to financial institutions’ path to digital dominance
By 2020, about 1.7 megabytes a second of new information will be created for every human being on the planet.
Is Supermicro innocent? 3rd party test finds no malicious hardware
One of the larger scandals within IT circles took place this year with Bloomberg firing shots at Supermicro - now Supermicro is firing back.
Record revenues from servers selling like hot cakes
The relentless demand for data has resulted in another robust quarter for the global server market with impressive growth.
Opinion: Critical data centre operations is just like F1
Schneider's David Gentry believes critical data centre operations share many parallels to a formula 1 race car team.
MulteFire announces industrial IoT network specification
The specification aims to deliver robust wireless network capabilities for Industrial IoT and enterprises.
Google Cloud, Palo Alto Networks extend partnership
Google Cloud and Palo Alto Networks have extended their partnership to include more security features and customer support for all major public clouds.
DigiCert conquers Google's distrust of Symantec certs
“This could have been an extremely disruptive event to online commerce," comments DigiCert CEO John Merrill.