NTT Communications To Acquire 86.7% Stake In e-shelter
The move will make NTT EU’s third largest data center operator by leveraging strong European presence of Germany’s top data center operator.
NTT Communications Corporation and e-shelter jointly announced that NTT Com will acquire 86.7% of e-shelter’s issued shares. The acquisition will vault the NTT Com group into the number three position for data center space in Europe.
e-shelter is currently managing nearly 90,000 square meters of data center space in four major cities in Germany, as well as Zurich, Switzerland and Vienna, Austria. One of its main facilities, Campus Frankfurt 1, Europe’s largest data center with some 60,000 square meters of data center space, comprises five free-standing buildings constructed specifically as data centers.