Vantage Data Centers will invest CAD$900 million ($712 million US) to rapidly scale its Canadian operations, including the development of a third campus in Montreal and the expansion of existing campuses in Montreal and Quebec City.
Data center provider Cologix will acquire Montreal-based hyperscale specialist COLO-D in a deal that deepens its cloud on-ramp capabilities in a key growth market.
Vantage Data Centers will enter the Quebec market by acquiring 4Degrees Colocation and its two data centers for $200 million. The deal gives Vantage a presence in the hot Montreal market, which is seeing a surge in hyperscale data center leasing.
In the latest sign of momentum for Quebec as a destination for hyperscale data centers, COLO-D has announced plans to build a 150-megawatt data center campus near Montreal.