Tandem-backed Metro Optic sold to Stonepeak’s Cologix

Cologix has acquired Metro Optic, a Montréal-based provider of interconnect solutions for the enterprise, carrier and cloud markets.

No financial terms were disclosed. The seller was Exelerence Holdings, a holding company focused on the internet infrastructure sector.

Exelerence is backed by Canadian growth equity firm Tandem Expansion Fund.

Cologix, a Denver, Colorado-based interconnection and data centre company, said the deal adds data centre capacity and strengthens its ability to support wholesale, carrier and hyperscale customers.

Cologix was acquired in 2017 by U.S. infrastructure investment firm Stonepeak Infrastructure Partners.

PRESS RELEASE

Cologix Acquires Metro Optic; Adding Interconnection Hub in Montreal and Hyperscale Edge Capacity in Toronto

Montreal Interconnection hub is key termination point for subsea cables and adds a further 30+ carriers to the Cologix ecosystem

March 04, 2019

DENVER–(BUSINESS WIRE)–Cologix, a network-neutral interconnection and Hyperscale edge data center company, today announced it has acquired Montreal-based infrastructure provider Metro Optic with data center facilities in Montreal, QC and Toronto, ON. In addition to adding data center capacity the acquisition also strengthens the Company’s ability to support its wholesale, carrier and Hyperscale customers by providing diverse, high strand count dark fiber between their data center campuses and to the multiple public cloud on-ramps that are hosted in existing Cologix owned interconnection hubs. Cologix also gains 30+ new carriers with unique subsea cable routes into Montreal and adds to its existing colocation and network connectivity hubs with data centers in Montreal and Toronto.

“We are thrilled to continue our investment in our Canadian footprint by adding an additional interconnection hub in Montreal and our eleventh data center in that market. The metro dark fiber assets enable us to connect our entire campus there, and provide enterprises with low-cost access to AWS, Microsoft Azure, IBM Cloud and Google Cloud. We are also pleased to be adding Hyperscale edge capacity in Toronto, with unique connectivity to Cologix’s MMR in 151 Front Street,” said Bill Fathers, Chairman and CEO of Cologix. “This acquisition allows us to maximize the value and efficiency of our Montreal footprint by offering Hyperscale capacity, access to robust interconnection hubs and now also the underlying infrastructure to connect those entities.”

Cologix acquired Hyperscale data center provider, COLO-D, in December of 2018 combining a unique product of Hyperscale Edge capacity from their data centers with robust interconnection diversity from Cologix’s existing footprint of seven interconnection data centers throughout the city. This latest acquisition adds a new interconnection hub in downtown Montreal, located near Cologix’s MTL3 (1250 Rene Leveque) data center with connectivity between the two sites and also adds Hyperscale capacity data center in Markham, ON, just outside of Toronto, designed to Tier III standards with connectivity back to Cologix’s 151 Front Street MMR.

“We are excited to join the largest Hyperscale and interconnection company in Canada,” stated Michael Bucheit, CEO Metro Optic. “Cologix is closely aligned with our core vision to offer our customers extended geographic reach and hyperscale cloud access in key North American markets while maintaining network, data center and carrier neutrality.”

About Cologix Inc.

For more information, visit www.cologix.com.

Contacts
Cologix
Melissa Gelfand
Senior Director, Marketing at Cologix
+1.720.739.5396
melissa.gelfand@cologix.com