Digital Edge, an Asia-focused data center platform backed by Stonepeak Infrastructure, today announced the acquisition of 5 data center campuses in Tokyo, Yokohama, and Kobe, Japan, from Itochu Techno-Solutions (CTC), an IT services company, for a total purchase price of $230m USD (JPY26 billion). As part of the transaction, CTC will become Digital Edge’s anchor customer across all 5 data center campuses.
Data Centers – Yokohama, Kobe, and Tokyo, Japan
Digital Edge is gaining 5 data center campuses which encompass 7 buildings in the cities of Yokohama, Kobe, and Tokyo, Japan. Collectively, this portfolio comprises 5.0k cabinets / 18.5 megawatts of power capacity across 902k sqft (83.8k sqm) of total floor area. Below is a summary of the 5 data center campuses that Digital Edge is acquiring from Itochu Techno-Solutions (CTC):
|Data Center||City||Square Feet||Square Meters|
|Yokohama Computer Center (YCC)||Yokohama||576k||53.5k|
|Kobe Computer Center (KCC)||Kobe||203k||18.9k|
|Mejirozaka Data Center (MDC)||Tokyo||66k||6.2k|
|Shibuya Data Center (SDC)||Tokyo||19k||1.7k|
|Otemachi Internet Data Center (OiDC)||Tokyo||38k||3.5k|
Yokohama Computer Center (YCC)
Yokohama Computer Center (YCC) is located in Tsuzuki-ku, Yokohama, which is 5.5 miles (9 kilometers) inland from Tokyo Bay.
Overall, the campus consists of three buildings:
- East Building (EYC): opened in 1988 with 238k sqft (22.1k sqm) of total floor area
- West Building (WYC): opened in 2001 with 238k sqft (22.1k sqm) of total floor area
- North Building (NYC): opened in 2013 with 100k sqft (9.3k sqm) of total floor area
Kobe Computer Center (KCC)
Kobe Computer Center (KCC) is located on a hill in Kita-ku, Kobe, 11 miles (18 kilometers) from Osaka Bay and 620 feet (190 meters) above sea level. The facility operates as a base for outsourcing business in the Kansai region of Japan.
Mejirozaka Data Center (MDC)
Mejirozaka Data Center (MDC) is located in the Bunkyo-ku, Tokyo ward, on the Yamanote Line (train line), in close proximity to Ikebukuro Station.
Shibuya Data Center (SDC)
Shibuya Data Center (SDC) is located in the Shibuya-ku, Tokyo ward, a 7-minute walk from Shibuya Station.
Otemachi Internet Data Center (OiDC)
Otemachi Internet Data Center (OiDC) is located in the Minato-ku, Tokyo ward.
Transaction Overview – Digital Edge Scales via Itochu Techno-Solutions (CTC)
By incorporating CTC’s 5 data center campuses into its portfolio, Digital Edge increases its total capacity in Japan to ~38 megawatts. Additionally, as part of the transaction, Digital Edge acquired the underlying freehold land in 4 of the 5 data center locations. In turn, the company plans to pursue new greenfield developments on this land to support retail and hyperscale customers.
Itochu Techno-Solutions (CTC) – Partnership
Post-transaction, CTC will continue to deliver its outsourced IT services at Digital Edge’s Japan data centers. Particularly, CTC serves enterprise customers with hybrid cloud services, which leverage a combination of different environments including on-premises, private cloud, and public cloud.
Digital Edge – Stonepeak Infrastructure Backing
Digital Edge is supported by $1.0bn+ in equity capital commitments from investors led by Stonepeak Infrastructure. These investors are backing the company’s strategy to build a data center platform in Asia. To-date, Digital Edge has assembled a portfolio of 12 data centers in Asia, including:
- Japan (9): 3 data centers in Tokyo, Japan from prior acquisitions, including ARTERIA Networks; a 12-megawatt development project in Osaka, Japan; and 5 additional facilities from today’s CTC announcement
- South Korea (2): data centers in the cities of Seoul (Gangnam) and Busan (Centum City), South Korea
- Indonesia (1): EDGE1 Data Center with 6 megawatts / 1.5k cabinets of IT load capacity in Jakarta, Indonesia. Additionally, the company plans to develop further data centers in Indonesia following a recent purchase of two land plots