US colocation firm Cyxtera and India's Sify are to resell each other's services.
Cyxtera this week announced it will begin offering colocation solutions in India through a strategic partnership with Sify Technologies Limited.
Under the deal, Cyxtera will provide colocation services to customers in five additional markets across India, while Sify will resell Cyxtera’s solutions across markets in North America, Europe, and Asia Pacific to its customers.
Sify operates 10 data centers across India totaling around 70MW in Mumbai, Noida, Chennai, Hyderabad, and Kolkata. Cyxtera operates a footprint of 61 data centers in 28 markets.
“At Cyxtera we’re always focused on supporting customer growth initiatives by delivering innovative infrastructure solutions across our global data center platform,” said Nelson Fonseca, Cyxtera’s president and CEO. “Expanding our service offering to the Indian market will offer our customers significant value, and furthers our growth trajectory. We look forward to partnering with Sify as we enter in these important new markets and deliver our services to thousands of start-up, SMB, and enterprise customers.”
Raju Vegesna, chairman, Sify Technologies, addedd, “At Sify, our focus is on enabling digital transformation for our customers. This partnership with Cyxtera gives our Indian customers access to globally proven infrastructure-on-demand solutions, while enabling Cyxtera’s customers access to our best-in-class colocation services platform in one of the fastest growing markets in the world.”
Despite only going public last year, Cyxtera is reportedly considering ‘strategic options’ including a sale. The company's most recent earnings results show increased revenue for a sixth quarter in a row and reduced losses.
In September 2021 Sify announced plans to more than double its data center footprint in the country over the next few years and add 200MW in the next 4 years and subsequently raised $135 million from Kotak Mahindra Bank. The company said at the time it planned to develop new facilities in Mumbai, Noida, Chennai, Bangalore, and Hyderabad.