DXN spends $2.7m on acquisition of TasmaNet’s Hobart data centre in Australia



Hobart, Australia Hobart, Australia

Communications firm TasmaNet has signed a binding term sheet to sell the assets of its DC3 data centre in Hobart, Australia to data centre company DXN Ltd.

DXN Limited (ASX:DXN) has entered into a binding agreement with TasmaNet Pty Ltd to purchase the assets and revenues of TasmaNet’s data centre in Hobart Tasmania for $2.7m.

The company revealed however that it will continue to offer a suite of data centre, cloud and backup services to its customers utilising the DC3 facility, with DXN becoming a wholesale data centre provider to TasmaNet.

Under the terms of the acquisition, DC3 data centre management will continue to be undertaken by TasmaNet, on behalf of DXN.

“TasmaNet DC3 was the first non-government data centre built in Tasmania, a visionary decision that led to our development of the innovative TasmaNet Core cloud platform that enables the delivery of enterprise quality data centre and cloud services to our business, government and education customers,” said TasmaNet Chief Executive Officer Elizabeth Aris.


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“TasmaNet is delighted to announce this transaction with DXN, and to continue providing our customers with a great experience using this facility for their data centre requirements.

“The Hobart data centre has a strong customer base including key sovereign clients and we are experiencing very solid annual growth, which we expect to continue as we further our national expansion and acquire new customers.”

The DC3 data centre is a modular designed facility with 30 racks and the capacity to expand to 100 racks. The data centre provides services to the Tasmanian Government, among others.

“Our plan is to continue to expand our carrier-neutral Edge data centre footprint in Australia and New Zealand,” said Matthew Madden, CEO, DXN Limited.

“This target will be achieved by developing new greenfield modular data centres, such as our new Sydney DC and/or acquiring existing operating data centres such as DC3.”

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