DataBank completes fibre and telecom assets sale to focus on edge
The sale to Everstream comes after the assets were initially acquired from LightBound last year, with DataBank keeping two new data centres.
DataBank has closed the sale of its LightBound fibre/telecom assets to Everstream, a business-only fibre network provider. The divestment follows DataBank’s October acquisition of LightBound, a colocation, internet, voice, network and cloud services provider.
The LightBound acquisition expanded DataBank’s portfolio of edge data centres with the addition of two enterprise-class facilities in the downtown Indy Telcom Center, the most densely interconnected location in the Indianapolis metro area.
The sale of the LightBound fibre/telecom assets to Everstream will allow DataBank to focus on its core data centre and managed services offerings while simultaneously enabling Everstream to enter the Indianapolis market, serving the needs of existing LightBound fibre/telecom customers as well as new enterprises in the region.
The transaction accelerates Everstream’s planned entry into the Indianapolis market and provides Everstream with a lit fibre network extending across that metro area.
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Raul Martynek, CEO of DataBank, said: “As DataBank continues to expand its national footprint of edge data centres in secondary markets with the addition of two world-class facilities in the Indianapolis market, the sale of our LightBound fibre/telecom assets to Everstream is consistent with our focus on providing high-quality colocation and cloud solutions to enterprise, cloud and content customers.”
He added that Everstream and DataBank would partner on connectivity deployments and support for joint customers going forward.
DataBank now operates 20 data centres in nine US markets, including Atlanta, Baltimore, Cleveland, Dallas, Indianapolis, Kansas City, Minneapolis, Pittsburgh and Salt Lake City.
The two newly acquired Indianapolis facilities provide Tier III capacity with over 56,000 gross square feet of colocation space and 9.5MW of installed UPS.
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