Viatel, which operates metro fiber networks and data centers in Dublin, London, Amsterdam, Frankfurt, Dusseldorf, Paris, Rotterdam, Brussels, Zurich, Lyons, Bordeaux and Marseilles, announced a €125 million expansion.
Over the coming year, Viatel will invest in extending its fiber infrastructure, cloud services and data centres, and will execute on a stream of acquisitions, supported by newly announced funding partner, Proventus Capital Partners.
"This is an exciting time for Viatel" says company CEO, Colm Piercy, "While we already connect 150 data centres and thousands of multinational enterprises and organisations across Western Europe, this investment will now enable us to enhance our services and to extend our reach further and deeper within Europe, and to connect new locations in the USA, Canada, the Middle East and Asia" he adds.
Already one of the largest owners of transcontinental duct and fibre across Europe, Viatel also offer a wide portfolio of voice and managed services, and operate an extensive data centre estate.
"Proventus Capital Partners is committed to working with dynamic and growth oriented businesses throughout Europe. In Viatel, we have found an exciting mix of opportunity and capability and we look forward to working closely with management to develop the company's true potential" comments Henrik Bjerklin, Investment Director with Proventus Capital Partners.
Viatel also owns over 8,500km of duct and fibre optic network infrastructure connecting 8 countries, 35 primary cities, 150 data centres and thousands of mid and large sized enterprises.