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Home > Network/Internet > Hexatronix enters data center market

Hexatronix enters data center market

Hexatronic Group has signed an agreement to acquire all of the shares of US-based Data Center Systems.


Erdem Yasar Erdem Yasar
September 25, 2021
2 min read
Hexatronix enters data center market

Hexatronic Group announced that the company is entering the data center market through the acquisition of US-based Data Center Systems which is expected to generate an EBITDA of approximately USD 3 million this year. The acquisition is subject to customary closing conditions and is expected to close in October.

20 years in the market

Henrik Larsson Lyon, CEO of Hexatronic Group
Henrik Larsson Lyon, CEO of Hexatronic Group

Data Center Systems was in the US data center market for 20 years and provides complete fiber connectivity system solutions including infrastructure design solutions, installation, and managed services. The company has over 100 employees and mainly serves telecom, financial, and technology companies.

The duo will make a joint election, permitting the transaction to be treated as an asset purchase for tax purposes. The acquisition is financed by a senior bank loan from Danske Bank. Henrik Larsson Lyon, CEO of Hexatronic Group said,

“We are very pleased to welcome the team of DCS to Hexatronic Group. A highly skilled team dedicated to a consultative approach to ensure the best network performance possible. They also share our view of the value of providing complete system solutions and has taken it one step further by adding several services.

With DCS, Hexatronic enters the US market for data centers that is expected to experience continued growth. Ever increasing data traffic as well as the trend towards edge computing increase the need for both larger hyperscale data centers as well as small and mid-sized data centers closer to the edge.

The US is today Hexatronic’s largest market, and one of three strategic growth markets. With the acquisition of DCS we are now able to provide customers with locally assembled and terminated products for Hexatronic’s complete FTTH-solution, which will shorten turnaround times and increase flexibility, and on top of that offer DCS’s expertise in assembly design and advisory service. DCS’s production in the US will complement our current connectivity productions in Sweden, Estonia, and the UK.”

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Tags: Hexatronic Group AB
Erdem Yasar

Erdem Yasar

Erdem Yasar is a news editor at Cloud7 News. Erdem started his career by writing video game reviews in 2007 for PC World magazine while he was studying computer engineering. In the following years, he focused on software development with various programming languages. After his graduation, he continued to work as an editor for several major tech-related websites and magazines. During the 2010s, Erdem Yasar shifted his focus to cloud computing, hosting, and data centers as they were becoming more popular topics in the tech industry. Erdem Yasar also worked with various industry-leading tech companies as a content creator by writing blog posts and other articles. Prior to his role at Cloud7 News, Erdem was the managing editor of T3 Magazine.

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