TelecityGroup has splashed £87.6m in cash on Irish-based fellow co-location data centre provider Data Electronics in what promises to be the first of many acquisitions. The firm, which also today outlined a bumper set of numbers for the six months ended 30 June, has a £300m war chest to fund further buys. Commenting on the deal …
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"The buy gives Telecity another two data centres operating in Dublin" - hope they haven't made the same mistake as M$ and Amazon and have actually installed reliable backup generators.
Paris because...something about backing up. I just can't be bothered today!