Digital realty completes acquisition of teraco

Creates leading colocation and interconnection provider in africa austin, texas, aug. 1, 2022 /prnewswire/ -- digital realty (nyse: dlr), the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, today announced the successful completion of its previously announced agreement to acquire a majority interest in teraco, a leading carrier-neutral data center and interconnection services provider in south africa, from a consortium of investors, including berkshire partners and permira, in a transaction valuing teraco at approximately $3.5 billion. the acquisition of teraco adds south africa to digital realty's three existing markets on the continent, including kenya, mozambique, and nigeria.
DLR Ratings Summary
DLR Quant Ranking