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Boston REIT acquires DataSite data centres for over $154m

Acquisition of facilities in two of the US’ fast growing hosting markets further cements the brand’s edge strategy.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

October 14, 2021 | 12:00 AM BST

American Tower (NYSE: AMT) has closed its acquisition of data centre operator DataSite, adding two facilities to its colocation portfolio.

As part of the acquisition, done through the REIT’s subsidiary JT Communications LLC, American Tower now maintains responsibility for all management and operations of DataSite’s facilities in Atlanta, Georgia and Orlando, Florida.

It is possible that the 130,000 sq ft Orlando data centre cost US$154 million, according to documents filled with the Orange County. The value could however also include the Atlanta facility. American Tower was not immediately available for clarification.

The acquisition brings the total number of American Tower Data Centers to nine, including its entrance into Orlando and extending its current presence in Atlanta.

Eric Watko, Vice President of Product Line Management for American Tower, said: “The acquisition of DataSite augments our data centre portfolio. Since entering the data centre market in 2019, we have been committed to meeting the growing demands of our customers by expanding critical connectivity services.

“These Metro Data Centers are critical to our edge strategy, as they contain the carrier hotel, providing interconnectivity access to internet exchanges and cloud services.”

The DataSite Data Center in Orlando is located to complement the American Tower Edge Data Center in Jacksonville, opening additional connectivity avenues in Florida.

Orlando also offers a vehicle for customers to connect to facilities in Miami that touch networks across Latin America.

The DataSite Data Center in Atlanta, located in Marietta, provides an additional location for enterprise customers to extend their network with more connectivity options.

American Tower customers will be gain access to services across the DataSite network,

including its dedicated internet access, carrier-neutral cross-connects, cloud ramps, and point-to-point data centre connectivity and cloud options, including WAN and SD-WAN options.

Jeff Burges, former President of DataSite, said: “[American Tower] have shown a commitment to expanding in this industry and providing our customers the same level of service, with the same team they have come to expect.”

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João Marques Lima

Founder and Editor, The Tech Capital

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