US-based firm Digital Reality’s move to acquire a majority stake in Teraco Data Environments has been “successfully” completed, it was announced yesterday.Based in Johannesburg and established in 2008, Teraco is Africa’s largest data centre services provider.
Furthermore, the Teraco management team would remain in place and maintain day-to-day responsibility for operations in the country. In addition, clients will now have access to a choice of strategic connectivity and interconnection platforms that serve the African market, it states. “Africa is poised to remain a high-growth, high-demand area for data centre solutions. Our combined, diversified platform will further enable us to support our customers in the Pan-Africa region and worldwide.”