Herndon data center company to acquire Israeli company

Herndon-based EdgeConneX, a data center solutions company, has entered an agreement to acquire Israel-based Global Data Center (GDC), it announced Monday.

Financial details of the transaction were not disclosed.

Once completed, EdgeConneX will gain GDC’s two underground facilities in Israel, in Herzliya Pituach and Petah Tikva. The company’s two data centers are built in accordance with the Uptime Institute’s Tier III standard, meaning the facilities do not need to be shut down for equipment maintenance or replacement.

“I am pleased to announce the expansion of the EdgeConneX global footprint to the Middle Eastern region with the acquisition of GDC,” EdgeConneX CEO Randy Brouckman said in a statement. “In the case of Israel, GDC’s talented leadership team, strong operational track record and existing infrastructure helps us accelerate meeting [customers’] requirements.”

Backed by private equity investment firm Viola Group, Moshe Lasman founded GDC in 2013 and serves as its CEO. Lasman will continue to lead the business in Israel, and the GDC team will stay in place.

“Global Data Center is joining EdgeConnex following seven years of great momentum in our business,” Lasman said in a statement. “EdgeConneX brings over a decade of experience building out a global data center platform that includes approximately 50 data centers in over 40 markets around the world. … Together, we will be able to best serve the local data center infrastructure needs in Israel and global requirements anywhere in the world.”

EQT Infrastructure backs EdgeConneX, which has built more than 40 data centers since late 2013. In addition to its Herndon headquarters, the company has a base in Amsterdam. The company also owns EdgeOS, a data center operating system. In April, EdgeConneX announced it would add nearly 20 megawatts of electricity consumption, expanding capacity, in its markets in North America.