Deal snapshot: GI PARTNERS ACQUIRES ERICCSON ICT DATA CENTRE.
California, US-based private investment firm GI Partners has finalised the acquisition of the Quebec, Canada-based Ericsson ICT data centre from Ericsson (NASDAQ: ERIC), the company said. The property is a market-ready turnkey data centre and shell space that will accommodate growth and expansion. GI Partners acquired the property directly from Ericsson, who will lease back a portion of the facility's critical power and space on a short-term basis for development of its cloud-based technologies.
GI Partners said the property is a highly secure data centre that will provide users the opportunity to establish in market immediately with expansion potential under the same roof.
Target: Ericsson ICT data centre
Buyer: GI Partners
Deal size in USD:
Buyer advisor: , ,
Comment: Terms of the deal were not disclosed
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|Publication:||M & A Navigator|
|Date:||Jan 11, 2018|
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