Africa Data Centres Completes Acquisition of Standard Bank’s Data Centre
22 May 2020
“We are investing heavily in South Africa at the moment, as well as the rest of Africa. We are very confident in the future of South Africa, hence this significant investment."
Africa Data Centres, part of the Liquid Telecom Group, has completed the acquisition of a state-of-the-art Tier IV data centre in Johannesburg from Standard Bank, Africa’s largest bank.
The acquisition, which has been unconditionally approved by the South African Competition Commission, will prove highly disruptive to the South African data centre and co-location market and consolidates Africa Data Centres’ position as the largest pan-African provider of interconnected, carrier and cloud-neutral data centres.
The facility is widely recognised as the most prestigious and highly specified data centre anywhere in Africa, offering world-leading levels of security, resilience and capacity. It is also available on an open-access basis, giving every modern technology-driven enterprise the confidence to innovate and grow. Read the full article on Techfinancials here