Vantage Data Centers, a global provider of hyperscale data center campuses, announced it has acquired the hyperscale data center business from Hypertec in Montreal. With this acquisition, Vantage’s total footprint in the Province of Quebec will reach to 81MW of IT capacity across three campuses.
Third acquisition in 2020
Vantage aims to benefit from increasing customer demand in the Montreal market. Hypertec’s 49MW campus includes 25MW across two existing facilities and 24MW of expansion capacity. This is Vantage’s third acquisition in 2020, including the purchase of Etix Everywhere in February and Next Generation Data (NGD) in July.
Sureel Choksi, president and CEO, Vantage Data Centers, said,
“The acquisition of Hypertec enables Vantage to continue capitalizing on Montreal’s hyperscale growth given its access to scalable renewable energy, attractive power costs, tax incentives and robust fiber connectivity. Since entering the Canadian market in early 2019, Vantage has invested heavily in the region. We have been very impressed by the Hypertec data center team and are excited to welcome them to Vantage.”
The campus is located less than two miles from Vantage’s existing 11MW campus in Montreal. Vantage intends to begin construction of a third facility to complete the campus. The Hypertec data center team has joined Vantage.
“This transaction is an important strategic move for Hypertec as they look to further focus our resources and capital on propelling their fast-growing core technology product and services businesses forward, as well as on growing new verticals. This deal also provides their data center business unit the opportunity to grow and scale more quickly as part of Vantage’s global platform, “ according to Jonathan Ahdoot, Hypertec’s chief commercial officer.