Digital Realty will buy control Teraco Data Environments in a transaction that values the South Africa-based developer at $3.5 billion. The deal is the latest in a series of M&A deals for providers in Africa.
Equinix is expanding into Africa by acquiring MainOne, a leading West African data center operator. The $320 million deal signals a new phase of growth for the data center market in Africa, with the recent market entry of three of the world’s largest multi-tenant providers.
Vantage Data Centers is expanding into Africa, and has begun construction on a $1 billion data center campus in Johannesburg, South Africa. The project is notable because it is first direct expansion into Africa by a major U.S. data center developer.