European data center services provider TelecityGroup has made its second acquisition in Finland this year, buying Academica, a provider with two existing data centers and a third one in the works.

TelecityGroup said it agreed to pay €28m cash for Academica’s assets, which currently consist of a total of 1MW of capacity spread over two facilities and 3MW of capacity in locations not yet built out. Some of this latter capacity will be deployed in a new data center in Viikinmaki, TelecityGroup said.

Michael Tobin, the company’s CEO, said both this acquisition and the acquisition of Tenue Oy announced in August were about capitalizing on the growing Finnish market but also about getting access into Russia and the Baltics.

“Along with TelecityGroup’s recent acquisition of Tenue Oy this will reinforce our position operating the most connected data centers serving the growing markets in both Finland and Russia,” he said.

The buyer has appointed Academica’s managing director Marko Vanninen as managing directort of TelecityGroup Finland. Sami Holopainen, who was founder and managing director of Tenue Oy, will be responsible for commercial and business development, sales and marketing of TelecityGroup’s services in the country.

The August acquisition gave the company three data centers with 2MW of capacity total. Work is also underway to open additional two facilities in Helsinki, which will bring a total of 7MW of capacity to the market.