Digital Realty, through its European arm Interxion, today announced that it had acquired Lamda Hellix, which is the largest carrier-neutral colocation and interconnection provider in Greece. At the same time, the acquisition of Lamda Hellix provides Digital Realty access to one of the Southeastern Europe’s fastest-growing markets and a gateway to an increasingly important connectivity hub.
Lamda Hellix
Lamda Hellix’s two data centers in Athens comprise the largest campus in Southeastern Europe and are the most interconnected in Greece. For Digital Realty, the two Greece data centers add 11 MVA of power capacity, 1,000+ racks and 6.0k sqm. At the same time, Greece is an emerging interconnection hub at the crossroads of Europe, Africa, Asia and the Middle East.
Additionally, Lamda Hellix’s management team will remain with Digital Realty in Greece, including CEO Apostolos Kakkos. Kakkos will continue to lead and run the operation for Digital Realty.
Customer Base
The Greece facilities have service from all fiber and connectivity providers operating in the country. Additionally, they serve a wide variety of blue-chip customers including telecom providers (Deutsche Telekom, Telefónica, and Vodafone), government agencies, financial services institutions, cloud service providers (Amazon and Microsoft) and leading internet exchanges.
Internet exchanges which connect to Lamda Hellix’s campus in Athens include:
- NetIX Communications (NetIX)
- Greek Internet Exchange – Athens (GR-IX Athens)
- South East Europe Cloud & Interconnection Exchange (SEECIX) – part of DE-CIX
Digital Realty
Digital Realty’s acquisition of Lamda Hellix strengthens the company’s global footprint. Further, the company now has more than 700 connectivity providers in over 280 data centers across 24 countries.
Additionally, Greece is a market where Digital Realty could expand its relationship with its largest customer, Microsoft further. Specifically, in October 2020, Microsoft announced that it will build three datacenters in the greater Athens, Greece region near-term.
Digital Realty’s entry into Greece also comes shortly after the company:
- Acquired a 155k sqft land parcel in Madrid, Spain for $36.6m to add to its data center campus development
- Acquired Altus IT, the leading carrier-neutral data center provider in Croatia
Digital Realty is the second largest public data center REIT and has a global footprint of 280 data centers. The company has 1,725 megawatts of power capacity and 34.0m sqft, across 45 metros and six continents.
