Vocus to acquire PerthIX for $7m

Vocus to acquire PerthIX for $7m

Summary: Network company Vocus has announced that it is set to takeover Perth datacentre company PerthIX in a deal worth $7 million.

SHARE:
TOPICS: Telcos
0

Network company Vocus has announced that it is set to takeover Perth datacentre company PerthIX in a deal worth $7 million.

Vocus announced the binding agreement on the ASX this morning. The agreement will see Vocus take over PerthIX's recently upgraded 536 square metre datacentre that houses 86 customers.

Vocus chief James Spenceley said the company would make an additional 30 racks available to customers in the next few months; however, he expected them to be snapped up quickly.

"There are very few racks available in CBD facilities in Perth, so we expect to see strong demand for the racks as they become available," he said in a statement.

The takeover of PerthIX sees Vocus expand its datacentre offerings into the Perth market after its acquisition of E3 for $5.9 million netted it the company's Sydney and Melbourne datacentres.

"This transaction will further consolidate Vocus' position as one of the leading independent wholesale telecommunications and data centre operators in Australia and New Zealand," Spenceley said.

PerthIX's general manager Adam Gardner will stay on after the takeover to lead Vocus' Perth team.

Topic: Telcos

About

Armed with a degree in Computer Science and a Masters in Journalism, Josh keeps a close eye on the telecommunications industry, the National Broadband Network, and all the goings on in government IT.

Kick off your day with ZDNet's daily email newsletter. It's the freshest tech news and opinion, served hot. Get it.

Talkback

0 comments
Log in or register to start the discussion