BlackBerry latest to sell data centre portfolio as focus shifts to core business
Here’s what the company will do with the cash that has come in out of the multi-million dollar transaction.
Canada’s BlackBerry has become the latest major technology company to sell one of its data centres in a transaction worth $30m.
The company sold the facility sitting in a piece-of-land measuring 40 acres in Atlanta, US, to data centre services provider Ascent which will now rebrand the building as Ascent ATL1 Data Center.
ATL1 currently has up to 8.1 MW of critical power and is expandable up to 14 MW.
Through the divestment of the data centre, BlackBerry has cashed in some money to invest more towards its core business.
Nevertheless, BlackBerry is to remain a user of the data centre as an Ascent customer.
In a statement, Ascent said: “The sale leaseback arrangement enables the customer to focus on its core business and provides them a partner in their data centre facility operations, while at the same time allowing Ascent to bring additional high quality, purpose-built assets to market under its growing data centre portfolio.”
Ascent CEO Phil Horstmann said: “We look forward to working with our customer and bringing these enterprise-grade facilities and their respective data center capabilities to market for additional tenants.”
In addition to the BlackBerry data centre, Ascent also acquired in partnership with TowerBrook Capital Partners another data centre in Toronto to further expand its operations in North America.
Known as Ascent TOR1 Data Center, TOR1 will have up to 4.8 MW of critical power available in the 2nd quarter of this year with the overall site capable of expanding up to 75+ MW.
Horstmann said: “We look forward to working with our customer and bringing these enterprise-grade facilities and their respective data center capabilities to market for additional tenants.”