Piemonte Holding agrees to purchase Globo’s data center in Rio de Janeiro

Piemonte Holding agrees to purchase Globo’s data center in Rio de Janeiro

The company said that it will continue investing in the acquired data center, expanding its facilities, power and connectivity.

The financial group Piemonte Holding, Globo Comunicação e Participações and Drammen Elea Digital, Piemonte’s data center holding company, have announced that they have signed a sale and purchase agreement concerning Globo’s data center located near the Olympic Complex, in the west zone of Rio de Janeiro metro area.

Before closing, the deal must be cleared by the Brazilian Antitrust Authority (CADE) and pass-through documental execution.

With the new acquisition, Elea Digital data center ecosystem will grow its IT power capacity by 25%, reaching an excess of 10 MW. In addition to Porto Alegre, Curitiba, São Paulo and Brasília, Rio de Janeiro now becomes part of Elea Digital’s data center federation, which is unparalleled in Brazil in terms of differentiated footprint and connectivity potential.

Alessandro Lombardi, CEO, Piemonte Holding, said: “We couldn’t choose a better moment to announce this partnership with Globo. In 2016, concurrently with the Rio Olympics, Globo invested in a state-of-the-art digital infrastructure, a Tier III data center designed to connect Rio de Janeiro to the world and that we consider as a valuable Olympic legacy both for Rio and Brazil.”

“After closing the transaction, Piemonte Holding will be able to continue investing in this data center, expanding its facilities, power and connectivity,” said Lombardi.

Deal value will not be disclosed by the parties. The agreement, in addition to the sale and purchase, includes a long-term colocation contract between Elea Digital and Globo.

About Piemonte Holding

Headquartered in Rio de Janeiro, Piemonte Holding is a financial group founded in 2012 and focused to invest in the digitalization of the economy. Piemonte shares its excellence and ethical values in any deals and investments, using state-of-the-art competences to manage and administrate large scale projects, dedicated to technological innovation and economic development.

Since 2019, Piemonte has invested in the Elea Digital Project, a data center holding company which is already one of the core digital infrastructure projects in Latin America.

Click below to share this article

Browse our latest issue

LATAM English

View Magazine Archive