|
The data centers are located in cities, Groningen and Eemshaven, northeast of Amsterdam. The Netherlands remains a top European market for data center users due to competitive utility and operating costs, availability of renewable power resources, and proximity to diverse connectivity options to other major European markets.
Per Chad Williams, QTS Chairman and CEO, "The data center industry has increasingly become a global business, particularly among our target hyperscale customers. The European market, in particular, has experienced a significant rise in demand, with 2018 representing a record year of absorption across the four largest European markets.” He continued, stating…“This acquisition advances our global expansion strategy and provides a platform for future growth internationally at a significantly de-risked entry point. Acquiring strategically located facilities at a competitive price aligns with our overall growth strategy and has clear long-term benefits for our customers and shareholders."
|
