Iron Mountain recently celebrated its most recent acquisition: the Madrid-based data center park, XData Properties, a press release reported.
“The acquisition of XData enables us to meet the growing demand for connected, compliant and sustainable data center services across Europe and we are thrilled to be expanding our EMEA footprint,” vice president and general manager of Iron Mountain Data Centers EMEA, Eric Boonstra, said. “Madrid is emerging as a strategic and growing market, and this campus enables us to welcome both enterprise and hyperscale customers.”
The new establishment will add onto the existing three megawatt data center, holding a capability of 79 megawatts in upcoming years. The first 20 megawatt data center is projected to be completed in 2024.
The company selected Madrid to establish its European base because of the city’s rapidly growing market and direct access to the Madrid-Barcelona fiber optic route, which is said to “support a robust ecosystem where cloud, network, service providers and consumers can seamlessly connect with each other,” a recent press release states.
“This acquisition supports our strategy and commitment to selectively expand into emerging data center markets in order to meet our customers' critical demand needs,” said Mark Kidd, executive vice president and general manager of data centers at Iron Mountain. “We are also pleased that Spain is quickly becoming one of Europe’s leaders in renewable energy generation, which we will leverage to support our and our customers’ sustainability goals.”
The addition brings Iron Mountain Data Centers’ total cite count to more than 20 across 19 markets in three continents.