Expanding NTT's European Data Center Empire
Sayonara, NTT Data! NTT is all in on AI and Europe!
NTT Corporation seizes NTT Data in a €15 billion stock market deal
Japan's telecom giant, NTT, is throwing down the gauntlet in the AI race. They're dropping a whopping 14.6 billion euros on a full acquisition of their subsidiary, NTT Data, further solidifying their AI ambitions. But that ain't all, they're also complying with the Tokyo Stock Exchange's demand to lighten their portfolio by offloading shares in other listed companies or subsidiaries.
So, where's the money goin'? Let's venture into Europe and find out!
Spreadin' the (Data) Love Across Europe
Milan, Italy
NTT Data is shaking things up in Southern Europe. With a 53-acre site in Milan under their belt, they're planning to whip up a monster 128MWdata center to cater to the growing demande for hyperscale and AI-driven infrastructure in the area [2][4][5].
Frankfurt, Germany
NTT's hit the land jackpot again in Frankfurt, aiming to construct their fifth data center there, adding a hefty 80MW of IT capacity to their European network [2].
London, UK
NTT Data's been busy in the UK too! They've bagged the freehold at their existing London data centers and secured a tidy 26.3 acres for a new site, marking their eighth data center in the London market. With this move, they're showing the world that they're not messin' around when it comes to the UK [2].
These moves are no flash in the pan. They're part of NTT's broader strategy to invest heavily in next-gen infrastructure and ride the AI wave madly. With a $10 billion investment plan through 2027 in tow, NTT is gearing up to deliver resilient, sustainable infrastructure for enterprises in the AI-driven economy [1][4]. But, their recent acquisition of NTT Data and subsequent integration into a global data center strategy hasn't been directly linked to their focus on Europe yet. So, keep your eyes peeled for more updates!
In aligning with their strategy to invest heavily in next-gen infrastructure, NTT is planning to channel the funds from the acquisition of NTT Data towards expanding their European data center network. With the acquisition, NTT is eager to capitalize on the growing demand for hyperscale and AI-driven infrastructure across Europe, as demonstrated by their investments in data centers in Milan, Frankfurt, and London.
