AUSTIN, Texas, Oct. 14, 2021 /PRNewswire/ -- Digital Realty
(NYSE: DLR), the largest global provider of cloud- and
carrier-neutral data center, colocation and interconnection
solutions, announced today it has reached an agreement to make a
strategic investment in AtlasEdge Data Centres, a European edge
data center provider. In conjunction with the investment,
Giuliano Di Vitantonio, Executive
Vice President, Strategy & Business Segments at Digital Realty,
will join AtlasEdge as Chief Executive Officer, effective
January 2022.
AtlasEdge delivers seamless, localized and ultra-low latency
digital infrastructure through an extensive network of more than
100 facilities across Europe
located close to consumer and enterprise end users, at the edge of
the last-mile network. The company aims to serve the growing
demand from cloud providers, streaming services and enterprises for
high-performance, scalable and secure facilities through which they
can distribute low-latency applications and services such as 5G,
gaming and IoT.
AtlasEdge is an ideal partner for Digital Realty's edge
strategy, given the unique last-mile network reach of AtlasEdge's
assets in addition to their highly distributed reach across
Europe. As interconnection
and other data center solutions move towards the edge, Digital
Realty's expertise in designing and operating solutions at scale
enhances the value of partnerships for both parties.
"AtlasEdge is quickly becoming a key partner to businesses
across Europe, and we are pleased
to partner with them to meet the needs of this important region,
and to advance our edge strategy as the market develops," said
Digital Realty Chief Technology Officer Chris Sharp. "Our global edge strategy
includes partnering with key players around the world, and we are
excited for AtlasEdge to accompany us on the journey with their
unique assets and strong market position. We are also pleased
that Giuliano, who has been a key contributor to our global
strategy, will lead AtlasEdge's promising growth trajectory going
forward."
Mr. Di Vitantonio added, "It has
been a privilege to help develop and strengthen Digital Realty's
customer relationships and industry-leading innovation, and I'm
excited to continue working alongside the company, leveraging its
unparalleled data center expertise to fuel AtlasEdge's growth."
The transaction is anticipated to close by the end of the year.
About Digital Realty
Digital Realty supports the world's leading enterprises and
service providers by delivering the full spectrum of data center,
colocation and interconnection solutions. PlatformDIGITAL®,
the company's global data center platform, provides customers a
trusted foundation and proven Pervasive Datacenter Architecture
(PDx™) solution methodology for scaling digital business and
efficiently managing data gravity challenges. Digital
Realty's global data center footprint gives customers access to the
connected communities that matter to them with more than 290
facilities in 49 metros across 24 countries on six
continents. To learn more about Digital Realty, please visit
digitalrealty.com or follow us on LinkedIn and
Twitter.
About AtlasEdge
AtlasEdge is a European edge data centre business with a mission
to create Europe's leading edge
platform, delivering seamless, localised and ultra-low latency
digital infrastructure to customers. Formed through a joint
investment by Liberty Global, one of the world's leading converged
video, broadband and communications companies and DigitalBridge, a
leading global investment firm dedicated to digital infrastructure,
AtlasEdge already has an expanding portfolio of more than 100 sites
across the continent, providing proximity to the core network that
is critical for the technology of tomorrow. For more information,
please visit www.atlasedge.com.
Investor Relations
John
Stewart / Jim Huseby
Digital Realty
+1 (415) 738-6500
InvestorRelations@digitalrealty.com
Media & Industry Analyst Relations
Helen Bleasdale
Digital Realty
+44 7500 044027
hcbleasdale@digitalrealty.com
Safe Harbor Statement
This press release contains forward-looking statements which are
based on current expectations, forecasts and assumptions that
involve risks and uncertainties that could cause actual outcomes
and results to differ materially, including statements related to
Digital Realty's investment in AtlasEdge, including timing to close
and expected benefits, the expected departure of Digital Realty's
EVP, Strategy & Business Segments and Digital Realty's edge
strategy. For a list and description of such risks and
uncertainties, see the reports and other filings by the company
with the U.S. Securities and Exchange Commission. The company
disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
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SOURCE Digital Realty