Interxion to buy 70% stake in Kenyan data center operator, Icolo
Transactions - DECEMBER 19, 2019

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Interxion to buy 70% stake in Kenyan data center operator, Icolo

by Released

Interxion Holding, a European provider of carrier and cloud-neutral colocation data center services, has entered into an agreement to acquire a controlling interest in Icolo, a Kenyan data center operator. Interxion has also entered into a strategic partnership with the Pembani Remgro Infrastructure Fund (PRIF).

As part of these transactions, PRIF will invest in Icolo and will collaborate and co-invest with Interxion on expansion initiatives across the African continent. The transaction is expected to close in the first quarter of 2020.

“Our ambitions in this region are substantial, reflecting the opportunity for the cloud and content platforms to bring several hundreds of millions of people online in Africa over the next decade,” said David Ruberg, CEO of Interxion.

Since Interxion’s initial investment in March 2016, Icolo has delivered strong growth and has established itself as an African carrier and cloud-neutral data center operator. With two data cen

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