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Digital Realty Completes Acquisition Of Teraco

PUBLIC · DLRAug 01, 2022

Acquiring Company

Digital Realty

Acquired Company

Teraco Data Environments

AustinSouth AfricaInformation TechnologySoftwareReal EstateConsultingData Centerinformation technology & servicesInformation TechnologyAnalyticsData Center

Description

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.

Quick answer

Digital Realty is acquiring Teraco Data Environments, announced August 1, 2022. Digital Realty is based in Austin, Texas, United States.

How much did Digital Realty pay for Teraco Data Environments?
The deal value was not disclosed.
What does Digital Realty do?
Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation and interconnection solutions.
Where are Digital Realty and Teraco Data Environments based?
Digital Realty is based in Austin, Texas, United States. Teraco Data Environments is based in South Africa.
Who are the decision-makers at Digital Realty?
Fundz holds 3 contacts at Digital Realty. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Digital Realty

Location

601 W. 2nd Street, Floor 32

Austin, Texas, United States

About

Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation and interconnection solutions. PlatformDIGITAL®, the company's global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx®) solution methodology for powering innovation and efficiently managing Data Gravity challenges. Digital Realty gives its customers access to the connected data communities that matter to them with a global data center footprint of 300+ facilities in 50+ metros across 25+ countries on six continents.

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Frequently asked

Who acquired Teraco Data Environments?

Teraco Data Environments was acquired by Digital Realty, based in Austin. The deal was reported on August 1, 2022. Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation and interconnection solutions. Digital Realty is publicly traded (DLR) and operates in Information Technology.

When did Digital Realty acquire Teraco Data Environments?

Digital Realty's acquisition of Teraco Data Environments was reported on August 1, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Teraco Data Environments do?

Teraco, a leading carrier-neutral colocation provider in Africa, is the first provider of highly resilient, vendor-neutral data environments in sub-Saharan Africa. It is privately held, operating in Information Technology, and is based in South Africa.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.