Canadian telecommunications provider Videotron Business Solutions announced in mid-March that it has acquired 4Degrees Colocation and its accompanying Quebec data center.
The deal, which cost $31.5 million but could increase to $35.5 million if certain targets are reached, provides Videotron with a significant advantage in offering bundled services to enterprises in the Quebec area. Local businesses are becoming increasingly interested in digitizing and decentralizing their data servers. The merger will enable Videotron to expand its service offerings and meet customers' growing technological and hosting demands.
"Videotron is very pleased to acquire this promising business," said Manon Brouillette, President and CEO of Videotron. "The integration of 4Degrees into our operations is very much in keeping with our vision of making life simpler than ever for our business customers. This investment also enables our teams to more effectively support Quebec companies of all sizes seeking integrated business solutions that meet their needs. By linking up with experts in a high-tech field, we are reaffirming our commitment to innovation and to supplying Quebec businesses with the technology of their choice."
The facility Videotron also acquired during the deal, a Quebec City data center, is the largest in the area and one of the few in the province with a Tier III certification from the Uptime Institute. The complex is located in the center of the Quebec Metro High Tech Park and was designed with data center sustainability in mind. The facility is equipped with smart cooling systems that use outdoor air to economically bring down the temperature of computer equipment. Along with being an environmentally friendly facility, the Canada data center offers a high-availability backup system and space for more than 2,000 cabinets.
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