Zenium to Join Cyrus One

Zenium is delighted to announce that it has signed a definitive agreement to sell its data center business to CyrusOne, a high-growth real estate investment trust (REIT) specialising in highly reliable enterprise-class, carrier-neutral data center properties.

For CyrusOne, the transaction establishes a significant presence in Europe’s two largest data center markets and provides a platform to scale to meet the strong demand across the continent. The capacity for further growth at the four existing locations in London and Frankfurt remains substantial. CyrusOne also expects to further leverage Zenium’s European infrastructure to enter new markets.

Zenium remains committed to providing its clients with the same high standards of service that they have come to expect from its innovative and experienced approach. The Zenium leadership team will also continue to focus on delivering the best practices that have enabled the brand to secure long term business relationships and gain recognition in the industry as one of the leading hyperscale data center providers in Europe.

The transaction is expected to close in the next 45 to 60 days, subject to the fulfilment of customary closing conditions.

A press release was issued by CyrusOne today and can be accessed here.

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