IXEurope Acquires Ninth Data Center

European hosting and colo provider IXEurope has acquired its ninth data center, and third in Germany. The new facility in Frankfurt-am-Main joins two existing centers in the UK, one in France and three in Switzerland, and provides an immediate capacity of approximately 65,000 square feet of space. The entire property includes about 650,000 square feet.

IXEurope paid 14 million Euros (about $16.7 million) for the new center, including the building, land and contracts for two existing financial services customers and one global internet company.

"This acquisition is a quantum leap forward for IXEurope," said Guy Willner, IXEurope Chief Executive Officer. "Not only is it the largest IXDatacentre to date for the Group but it puts us in a commanding position in the German market, for both datacenters and for our growing business continuity services (BCS) activity."

The facility, located north of Frankfurt, was originally opened in June 2001 following the completion of a $72 million fit-out and is suited for the high-density blade server hosting currently favored among leading web companies and financial enterprise customers.