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Teraco

A collection of 3 posts
Cloud Takeover: Massive Cloud Service Adoption for South African Businesses
Africa Data Centres

Cloud Takeover: Massive Cloud Service Adoption for South African Businesses

Cloud service allows for business flexibility, and that is just one of the numerous benefits it offers. Cloud has become essential to modern businesses as it enables the delivery of sophisticated information technology capabilities over the internet. The separation of providers and consumers, the dynamic distribution of ICT resources, and
Nov 11, 2022 3 min read
Digital Realty Completes Acquisition of Teraco
Business

Digital Realty Completes Acquisition of Teraco

According to Teraco Data Environments, the previously announced deal by Digital Realty to buy a majority stake in the business from a group of investors that included Berkshire Partners and Permira has been successfully completed. Digital Realty is the largest global provider of cloud and carrier-neutral data centre, colocation and
Aug 2, 2022 2 min read
Digital Realty Acquires 55% Controlling Stake in S.A Teraco Data Environments
Africa’s largest data center

Digital Realty Acquires 55% Controlling Stake in S.A Teraco Data Environments

Africa’s largest data center services provider, Teraco Data Environments, has been acquired by Digital Realty in a deal that values Teraco at an astonishing $3.5 billion. This is Digital Realty’s 3rd acquisition on the African continent following previous ones in Kenya (iColo) and Nigeria, (Medallion) respectively. “We
Jan 5, 2022 2 min read
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