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TelecityGroup plc is the result of the uniting of three separate companies – TeleCity Limited, Redbus Interhouse Limited and Globix Holdings (UK) Limited. TeleCity Limited was founded by Mike Kelly and Anish Kapoor from Manchester University in April 1998 and opened its first data centre in Manchester. At that time 3i Group made an investment of £24m in the Company.[2]
In July 1998 Redbus Interhouse Limited was incorporated, and commenced operations in its first data centre in London Docklands in July 1999. By March 2000, Redbus Interhouse Limited floated on the main market of the London Stock Exchange and in June 2000, TeleCity Limited’s parent company, TeleCity plc floated on the London Stock Exchange.[3]
In September 2005 TeleCity plc was taken private by 3i and Oak Hill and by October of that year Telecity Group plc was incorporated and became the holding company of Telecity plc and its group companies in November 2005. In January 2006 Telecity Group acquired Redbus Interhouse plc, a rival business,[4] resulting in the two business, TeleCity and Redbus, trading under the name of TelecityRedbus. Later in 2006 Telecity Group plc bought the European assets of the US-based Globix Corporation.[5]
Following a rebranding exercise implemented in August 2007, TeleCity, Redbus and Globix (UK) began to trade under the name TelecityGroup. In October Telecity Group plc listed on the main market of the London Stock Exchange.[6]
In August 2010 TelecityGroup acquired Internet Facilitators Limited (IFL), a provider of-carrier neutral data centres in Manchester.[7] In August 2011 TelecityGroup acquired Data Electronics, which operates two carrier-neutral data centres in Dublin,[8] and in September 2011 UK Grid, a carrier-neutral data centre operator in Manchester was acquired.[9]
TelecityGroup has announced it is expanding its data centre capacity across Europe. At the end of 2011 the company had 68 MW of available customer power and this will be increased to 124 MW by 2016. As part of this expansion the first phase of a new 9 MW data centre was opened in Amsterdam (Southeast AMS 5) in early 2012, and on 2 July 2012 Ed Vaizey, UK Minister for Communications, officially opened the first phase of a 21 MW expansion at the company’s London Powergate facility.[10]
In August 2012, TelecityGroup acquired Tenue Oy, a provider of carrier-neutral data centres in Helsinki, Finland.[11] In November 2012 TelecityGroup acquired Academica, a data centre and IT services operator, also in Finland, giving the enlarged TelecityGroup Finland a total of three data centres and 2MW of operational capacity; 7MW of additional capacity will be opened in two new facilities in due course.[11]
In May 2013 TelecityGroup acquired SadeceHosting, a provider of data centre and hosted services in Istanbul, Turkey[12] and in November 2013, TelecityGroup acquired 3DC, an independent data centre provider in Sofia, Bulgaria.[13]
In May 2015, US data company Equinix announced it would be acquiring TelecityGroup for £2.35 billion.[14] On 13 November 2015, the European Commission granted clearance for the Equinix offer to acquire Telecity.[15] On 15 January 2016 Equinix announced that it has completed the acquisition of Teleci
Key features
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TelecityGroup plc is the result of the uniting of three separate companies – TeleCity Limited, Redbus Interhouse Limited and Globix Holdings (UK) Limited. TeleCity Limited was founded by Mike Kelly and Anish Kapoor from Manchester University in April 1998 and opened its first data centre in Manchester. At that time 3i Group made an investment of £24m in the Company.[2]
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In July 1998 Redbus Interhouse Limited was incorporated, and commenced operations in its first data centre in London Docklands in July 1999. By March 2000, Redbus Interhouse Limited floated on the main market of the London Stock Exchange and in June 2000, TeleCity Limited’s parent company, TeleCity plc floated on the London Stock Exchange.[3]
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In September 2005 TeleCity plc was taken private by 3i and Oak Hill and by October of that year Telecity Group plc was incorporated and became the holding company of Telecity plc and its group companies in November 2005. In January 2006 Telecity Group acquired Redbus Interhouse plc, a rival business,[4] resulting in the two business, TeleCity and Redbus, trading under the name of TelecityRedbus. Later in 2006 Telecity Group plc bought the European assets of the US-based Globix Corporation.[5]
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Following a rebranding exercise implemented in August 2007, TeleCity, Redbus and Globix (UK) began to trade under the name TelecityGroup. In October Telecity Group plc listed on the main market of the London Stock Exchange.[6]
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In August 2010 TelecityGroup acquired Internet Facilitators Limited (IFL), a provider of-carrier neutral data centres in Manchester.[7] In August 2011 TelecityGroup acquired Data Electronics, which operates two carrier-neutral data centres in Dublin,[8] and in September 2011 UK Grid, a carrier-neutral data centre operator in Manchester was acquired.[9]
-
TelecityGroup has announced it is expanding its data centre capacity across Europe. At the end of 2011 the company had 68 MW of available customer power and this will be increased to 124 MW by 2016. As part of this expansion the first phase of a new 9 MW data centre was opened in Amsterdam (Southeast AMS 5) in early 2012, and on 2 July 2012 Ed Vaizey, UK Minister for Communications, officially opened the first phase of a 21 MW expansion at the company's London Powergate facility.[10]
-
In August 2012, TelecityGroup acquired Tenue Oy, a provider of carrier-neutral data centres in Helsinki, Finland.[11] In November 2012 TelecityGroup acquired Academica, a data centre and IT services operator, also in Finland, giving the enlarged TelecityGroup Finland a total of three data centres and 2MW of operational capacity; 7MW of additional capacity will be opened in two new facilities in due course.[11]
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In May 2013 TelecityGroup acquired SadeceHosting, a provider of data centre and hosted services in Istanbul, Turkey[12] and in November 2013, TelecityGroup acquired 3DC, an independent data centre provider in Sofia, Bulgaria.[13]
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In May 2015, US data company Equinix announced it would be acquiring TelecityGroup for £2.35 billion.[14] On 13 November 2015, the European Commission granted clearance for the Equinix offer to acquire Telecity.[15] On 15 January 2016 Equinix announced that it has completed the acquisition of Teleci