Another notable report on the retail colo industry from Data Center Knowledge, where NTT has completed an eighty percent buyout of RagingWire, doubling it's United States portfolio to 650,000 square feet.
RagingWire has a major data center in Sacramento, as well as Ashburn Virginia; NTT has existing colos in Silicon Valley and also in northern Virginia.
We'll see if NTT grows it's US presence through further acquisitions, through development, or both. There is lots of room for consolidation in the retail colo market, as we have nothing like the "four companies holding a combined eighty percent market share" that most industries seem to evolve to.
However NTT grows, utilities will find them a good partner for energy efficiency engagements, as they have a long history of making investments with the long term in mind, while also adopting early stage technology.
Comments