IXEurope announced Nov. 21 that it will expand in London, retrofitting an existing 30,000 square foot facility for use as a premium data center. The company said it had already signed customers to fill 20 percent of the space, which will come online in January. IXEurope said the center will be "the first new significant facility to be opened in London in over four years." It is the company's third facility in London and tenth across Europe following its acquisition last month of a 13-acre business continuity campus in Frankfurt, Germany.
As for specs, IXEurope said the new site will be built to a power density of 1,200 Watts/m2 (or about 400 watts per square foot), a far higher specification than many existing facilities, and already has multiple fibre optic connectivity from BT, COLT and MCI. "This acquisition is part of a Europe-wide expansion plan which we are executing over the coming months at IXEurope," said Guy Willner, CEO of IXEurope. "Having reviewed our business we decided on a plan to ensure the next five years' growth for the company based on our significant success rate in providing high-end datacentre services to enterprise and web businesses across Europe. This new London IXDatacentre puts us in a commanding position in the market."
IXEurope says London is one of its fastest growing markets due to strong traction with London's corporate and financial services market. The investment is the sixth acquisition to be made by IXEurope since the company was founded in 1999 and follows the recent second half 2005 announcement of 47% growth year-on-year, the acquisition of GIC, a leading German Business Continuity Services (BCS) company and the completion of a EUR 32million funding package with CIT Bank and the Group's existing shareholders EAC and Bank of America.
