EtixEverywhere has acquired a majority stake in a Thai data center.
The company this week announced it had acquired a 67 percent interest in Genesis data center, which operates a facility in the Bang Chalong area of Bangkok, for around AU$15.2 million (US$10.8m)
The Genesis facility, now renamed ETIX Bangkok #1, is already live with 2.4MW of capacity. The data center will form the basis of a new data center campus which will be jointly developed with its local partner Interlink Telecom.
“We are very excited to announce our expansion into Asia starting with this acquisition in Bangkok, one of the most dynamic market in the zone,” said Louis Blanchot, Group CEO Etix Everywhere. “This first step in Asia is a major milestone in Etix’s strategy to support our global customers providing them our best-in-class colocation services wherever they need.”
Genesis was launched in 2018 by Interlink, local IT firm Advanced Information Tech (AIT), and Thai industrial property development company WHA Corp. Interlink will continue to own 33 percent of the facility.
Nuttanai Anuntarumporn, CEO of Interlink Telecom PLC, added: “We are very pleased to have a strong partner like Etix Everywhere with experience in this industry. We believe that our partnership will support the booming Southeast Asia data center and cloud industry and lead us to a common success.”
After Vantage acquired most of Etix’s European hyperscale footprint, ASX-listed Global Data Centre Group acquired the remainder of Etix in 2020. The company operates small Edge facilities in France, Belgium, and Columbia.
“Our customers are world-leading cloud and content service providers; they have very strict colocation requirement, and it has been difficult for them to find a data center that can match with their standards in Thailand with enough capacity for expansion. We are very proud to finally offer them an answer to their needs," said Pierre Patris, CEO Asia of Etix Everywhere. “Etix Everywhere has big ambitions in Southeast Asia, first with this campus in Bangkok, and we are also very active in data center opportunities in Vietnam and the Philippines.”