Spanish firm Islalink has acquired a data center in Madrid.
“We are proud to announce the acquisition of our new data center located in the vicinity of Barajas Airport, in the surroundings of Silicon Alley in Madrid,” the company announced on LinkedIn this week.
“It is our fourth center in Spain along with Valencia, Palma, and Ibiza.”
The company said the deal was part of Islalink's ‘strategic growth plan’ for the provision of services in local data centers.
“Proud that the Islalink group continues to grow. There cannot be a better way to start 2024,” said Esther Garcés, CEO at Islalink.
The company didn’t provide details of the acquired site, nor terms of the deal.
However, the accompanying image in the post suggests the site is the Edificio Nodo building at Trespaderne 27-29. Savills list the site as a 302,865 sq ft (28,140 sqm) multi-story office building. Previous press reports suggest the building is home to Vodafone data center; SGS is also a tenant.
The building was acquired by IBA Capital Partners in March 2019, and then sold again to Corum in 2022.
Founded in 1999, Islalink is owned by Fiera Infrastructure, which acquired the firm in 2018. EQT previously held a stake in the telco. The company owns and operates the BalaLink and Ionian cable systems. It also offers colocation from its cable landing stations in Mallorca and Valencia in Spain, Preveza in Greece, and Crotone in Italy.
A version of this story appeared on our Spanish edition.
