Mimecast, the e-mail security provider with its roots in South Africa, has rejected a buyout offer from Thoma Bravo-backed Proofpoint.
Teraco Data Environments has been acquired by Digital Realty in a deal that values the company at an astonishing R55.5-billion.
The paint has barely dried on phase 1 of Teraco’s huge new expansion of its Isando data centre but the company is already embarking on its next big build: a massive, R4-billion facility north of OR Tambo International Airport.
Teraco Data Environments plans to invest R4-billion in Africa to meet rising demand for data as the continent’s governments battle the coronavirus.
Teraco Data Environments is being acquired by Berkshire Partners, a Boston-based investment firm. The Permira funds, an existing shareholder, will remain a “significant” investor alongside Berkshire.
Permira is working with an adviser to find a buyer for its data centre company, Teraco Data Environments, people with knowledge of the matter said.
Carrier-neutral data centre operator Teraco will complete its giant new data centre, Riverfields in Bredell on Johannesburg’s East Rand, by the end of the year. The facility will be the largest data centre in Africa, and
Rapidly expanding data centre operator Teraco has raised a R1,2bn medium-term funding facility from Absa, allowing it to complete its new facility in Isando, east of Johannesburg, while also investing in its new, nearby data centre at
The investment by UK-based private equity firm Permira into one of sub-Saharan Africa’s biggest data centre companies, Teraco Data Environments, is another marker that private equity players in Europe and the US are taking investing in South African and Africa
Fast-growing independent data centre operator Teraco Data Environments has increased the size of its medium-term funding facility to R400m. The additional funding has been secured from Barclays Africa