NTT Communications to Acquire 86.7% Stake in e-shelter
NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within NTT (NYSE:NTT), e-shelter, the top operator of data center services in Germany, and ABRY Partners, a private equity investment firm, jointly announced that NTT Com will acquire 86.7% of e-shelter’s issued shares. The acquisition will vault the NTT Com group into the no. 3 position for data center space in Europe.
e-shelter is currently managing nearly 90,000 square meters of data center space in four major cities in Germany, as well as Zurich, Switzerland and Vienna, Austria. One of its main facilities, Campus Frankfurt 1, Europe’s largest data center with some 60,000 square meters of data center space, comprises five free-standing buildings constructed specifically as data centers.
The acquisition will further strengthen NTT Com’s EU capabilities to meet increased demand for data center and cloud services, as well as provide increasingly efficient services to migrate customer systems to the cloud. The EU data center market is growing at 9% per year, according to the research firm Gartner, Inc.
NTT Com currently operates data centers in the UK, France, Germany and Spain which e-shelter’s six locations in central Europe will complement perfectly.
NTT Com President and CEO Akira Arima said: “e-shelter is a growing company offering high-quality, highly extensible data center capabilities. We have been impressed by their ability, under the strong leadership of CEO Rupprecht Rittweger, to maintain their position as a leading data center operator not only in Germany, but the competitive EU market as a whole. We look forward to expanding our share of the EU’s overall ICT market in partnership with this potent company. Globally, NTT Com supports many of the world’s best-known corporations with top-quality services from data centers located in global economic centers. We will continue to invest in data centers to help our clients secure their data.”
As a new member of the NTT Com group, e-shelter will benefit from access to NTT Com’s world-class global data center, cloud and network service infrastructure. The company will also enjoy enhanced financing capabilities for accelerated capital investment in the continental EU region, where it aims to fulfill the diverse ICT needs of its large customers.
According to e-shelter CEO Rupprecht Rittweger: “As our multinational customers expand beyond EU borders, and undergo rapid ICT evolutions, they are increasingly demanding globally seamless ICT solutions. To meet their demands ahead of our competitors, we believe that the best way to ensure e-shelter’s growth and development is in partnership with NTT Com, which has a commanding presence in Asia and is a leading provider of ICT services worldwide. At the same time, we look forward to strengthening NTT Com’s global ICT infrastructure and market share with our strong presence in Europe.”
Customers of e-shelter data center services include major multinational enterprises in fields including finance, communication networks, ICT services, government, healthcare and digital media. e-shelter operates a comprehensive range of data center infrastructure and services, including land and buildings as well as facilities and collocations services, enabling it to respond flexibly to growing demand and changing customer requirements. The company’s infrastructure includes its own 120 MW electrical substation for stable, energy-efficient power supply.
Following the acquisition, significant minority stake will be retained by Investa Holding GmbH, a German real estate developer in which e-shelter founder and CEO Rupprecht Rittweger owns a controlling interest. Currently, Investa owns 51% of e-shelter’s issued shares and the remaining shares are owned by ABRY Partners, one of the most experienced and successful media, communications and business-information services focused private equity investment firms, and other minority shareholders. NTT Com will provide more than half of e-shelter’s new board of directors.
NTT Com operates more than 130 secure data centers worldwide. In addition, NTT Com provides a wide range of globally standardized services, including platforms for hosting, network and security services. Nexcenter services support and enhance the quality of customer ICT systems, offer customer-tailored options and solutions, and help to minimize ICT management costs and improve customer ROI.
About NTT Communications Corporation
www.ntt.com
| Twitter@NTT
Com | Facebook@NTT
Com | LinkedIn@NTT
Com
About e-shelter
http://www.e-shelter.com
[Related Press Releases]
Oct 28, 2013: NTT Com to Acquire 80% Stake
in RagingWire Data Centers
http://www.ntt.com/aboutus_e/news/data/20131028.html
Jun
4, 2013: NTT Com Takes 74% Stake in Thai DC Service Provider Digital
Port Asia
http://www.ntt.com/aboutus_e/news/data/20130604.html
Jun
1, 2012: NTT Com acquires 85% stake in Gyron, leading UK data center
service provider
http://www.ntt.com/aboutus_e/news/data/20120601_2.html
Jan
25, 2012: NTT Com to Acquire 74% Stake in Netmagic Solutions, India's
Leading Datacenter Service Provider
http://www.ntt.com/aboutus_e/news/data/20120125.html
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
Contact information
Media Contacts
NTT Communications
Kota Yamashita/Mizuki
Takida, +81-3-6700-4010
hodo-cp@ntt.com
or
e-shelter
Melanie
Rittweger, +49-69-7801-2331
press@e-shelter.de
About Business Wire
Business Wire(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
H.I.G. Capital Announces the Sale of DGS S.p.A.11.6.2024 12:00:00 CEST | Press release
H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $62 billion of capital under management, is pleased to announce that an affiliate has signed a definitive agreement to sell its portfolio company, DGS S.p.A. (“DGS” or the “Group”), a leading firm in the Italian Information Technology market, to DGS Co-Founders and management team in partnership with ICG, a global alternative asset manager. Since its inception in 1997, DGShas supported blue-chip customers in the design, integration, and maintenance of complex IT systems, with a specialization in digital transformation and cybersecurity services. The Group currently has over 1,900 employees, revenues of approximately €300 million, and maintains a group of highly loyal clientele. During H.I.G.’s ownership, DGS has tripled in size and consolidated its position as a leading Italian firm in cybersecurity services and digital transformation. DGS offers its clients sophisticated and proprietary digital transformation
Evertas Names Nick Selby Head of European Underwriting11.6.2024 12:00:00 CEST | Press release
Evertas, the world’s first crypto insurance company, has named Nick Selby as its new Head of European Underwriting. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611141887/en/ Nick Selby, Executive Vice President and Head of European Underwriting at Evertas (Photo: Business Wire) Selby, an accomplished information and physical security professional, brings two decades of expertise in public and private sector information security, physical security, and complex incident handling, as well as seven years of experience leading teams securing billions of dollars in cryptoassets. Previously, his roles included VP of the Software Assurance Practice at Trail of Bits, Chief Security Officer at Paxos Trust Company, and Director of Cyber Intelligence and Investigations at the NYPD Intelligence Bureau. “Nick is an extremely valuable addition to our European team,” said Evertas CEO and Co-Founder J. Gdanski. “His public and private
Owlet utvider globalt fotavtrykk med lanseringen av medisinsk-sertifisert Dream Sock™ i Storbritannia og over hele Europa11.6.2024 11:00:00 CEST | Pressemelding
Owlet, Inc. («Owlet» or the «Company») (NYSE:OWLT), pioneren innen smart spedbarnsovervåking, kunngjør i dag den britiske og europeiske lanseringen av Dream Sock. Dette er en smart babymonitor med levende helseavlesninger og varsler for friske spedbarn mellom 0-18 måneder og 2,5-13,6 kg. Dette innovative medisinske utstyret gir foreldre helse og viktig informasjon i sanntid, noe som gir uovertruffen trygghet. Denne pressemeldingen inneholder multimedia. Se hele pressemeldingen her: https://www.businesswire.com/news/home/20240611820341/no/ (Photo: Business Wire) «Vi er svært stolte over å lansere Dream Sock til omsorgspersoner over hele Storbritannia og Europa og gi millioner av foreldre mer trygghet mens babyen sover,» sa Kurt Workman, Owlets administrerende direktør og medgründer. «Dream Sock er nå et globalt produkt som er anerkjent som medisinsk nøyaktig og trygt, etter å ha gjennomgått regulatoriske autorisasjoner og sertifiseringer innenfor flere geografier. I dag er misjonen vår
V-Nova Surpasses 1000 Patent Milestone in Media Technology Innovation11.6.2024 10:00:00 CEST | Press release
V-Nova, a leading provider of data compression solutions, video compression technology, XR technology, AI acceleration and parallel processing for a multitude of industries including media and entertainment, today announced its milestone achievement of 1000 active technology patents. This accomplishment underscores V-Nova’s dedication to research and development and its commitment to protecting its intellectual property globally. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611724561/en/ V-Nova’s patent portfolio spans more than 50 different jurisdictions. Including over 400 patents in Europe, over 200 in the Americas, over 100 in the United States specifically, and over 200 in Asia. V-Nova forged new directions in data processing to enhance digital experiences, maximize efficiency, reduce costs, and increase sustainability. The company leads the way with key international data compression standards for the video indust
Alipay+ Reveals Top Scorer Trophy Design for UEFA EURO 2024™11.6.2024 09:24:00 CEST | Press release
Alipay+, a suite of cross-border mobile payment and digitalization technology solutions operated by Ant International and an Official Partner of UEFA EURO 2024™, today revealed the trophy that will be awarded to the most prolific marksman at the UEFA EURO 2024™ finale on July 14 in Berlin, Germany. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240610328619/en/ The UEFA Top Scorer Trophy presented by Alipay+ is unveiled for UEFA EURO 2024™ (Photo: Business Wire) Sculpted in the shape of the Chinese character “支” (pronounced zhi, and meaning payment as well as support), the trophy reflects Alipay+’s dedication to supporting consumers to enjoy seamless payment and a broad choice of deals using their preferred payment methods while traveling abroad. The character also resembles the fleeting moment of a barefooted striker poised to shoot, evoking the original beauty and power of football – a game that united people across the wo