Israeli data center company MedOne is developing two new underground data centers outside Tel-Aviv.
Calcalist reports the company is currently building a new campus in Kfar Yona that will include two data centers.
The facilities will be spread over three underground floors in an area of approximately 30,000 sqm (322,920 sq ft).
The first facility on the campus – located north of Tel-Aviv – will open during 2026, with the second due to be launched in 2027.
MedOne is reportedly investing more than one billion shekels (approximately $270 million), into the project.
"Business continuity in the new facility will be structured in such a way that every system is fully backed up in real-time," said Ronnie Sadeh, CEO of MedOne. "The new campus, similar to the other facilities, is planned and managed according to the attribution threats of the state of Israel, in order to enable business continuity even under extreme conditions in which the civil electricity infrastructures may be damaged.
Founded in 1997 by the Livnat family, MedOne offers colocation, interconnection, and cloud services.
The Livnat family sold a 49 percent stake in local data center firm MedOne to US private equity firm Berkshire Partners in 2022. Investment also came from the van Rooyen Group, a family investment group led by the former CEO of Cologix and current Tract CEO, Grant van Rooyen.
The company has four existing underground facilities in Tel Aviv, Petah Tikva, and Tirat HaCarmel, totaling 25,000 square meters (270,000 sq ft).
The company’s website says it is developing seven additional facilities across Israel, totaling more than 85,000 sqm (914,130 sq ft) and 90MW.
At the time of acquisition, MedOne was said to be building a 10MW data center next to an existing facility at Tirat Carmel, and a 10.5MW site in Ramla. The company’s website also lists a campus in Dimona.