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GIC and MEAG to Invest €1.4B in Vantage Data Centers' EMEA Data Center Platform

Dec 16, 2024•over 1 year ago

Contract Type

partnership

DenverSoftwareConsulting

Description

Vantage Data Centers announces a €1.4B investment by GIC and MEAG in its EMEA data center platform. This partnership marks GIC's first investment in Vantage's EMEA business and an expansion of MEAG's existing investment. The investment is expected to finalize in the first quarter of 2025.

Company Information

Company

Vantage Data Centers

Location

Denver, Colorado, United States

About

Vantage Data Centers powers, cools, protects and connects the technology of the world’s well-known hyperscalers, cloud providers and large enterprises. Developing and operating across five continents in North America, EMEA and Asia Pacific, Vantage has evolved data center design in innovative ways to deliver dramatic gains in reliability, efficiency and sustainability in flexible environments that can scale as quickly as the market demands.

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Strategic partnership established

Partnership agreements typically involve technology integration and joint go-to-market strategies

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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months