Data centre firm Interxion is to invest up to €50m to expand its data centres across Europe.
The company has seen a surge in demand for space across Europe, with the Irish business observing a similar trend.
"Interxion has experienced strong growth in all European markets with 70 per cent of demand coming from the existing customers," Interxion group managing director Anthony Foy said.
The company plans to add an extra 8,000 square metres to its sellable space throughout the year, and has arranged €32.5m worth of flexible credit with Fortis Amsterdam and Rabobank to fund it.
The new space will be located in London, Paris, Frankfurt and Amsterdam, and will be available from the second quarter of 2007, with Vienna and Brussels following in the third and fourth quarter. This will have knock-on benefits for the Irish market.
"In the past year, we too have seen a significant upsurge in demand in the Irish carrier-independent data centre market," said Tanya Duncan, head of Interxion Ireland.
"Interxion's ability to easily and effectively deploy new datacentre facilities will give our Irish customer base seamless scalability, both in the near term, and long into the future."
The company currently has 22 data centres across Europe, and supports more than 1,000 customers including enterprises, systems integrators, Internet Service Providers, hosting and telecommunications companies.
Copyright © 2007, ENN