Digital Colony Launches Scala, a Latin American Hyperscale Data Center Platform
COLONY CAPITAL INC (CLNY)
Last colony capital inc earnings: 2/28 07:30 am
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Source: Business Wire
Partnering with Industry Veteran Marcos Peigo, Digital Colony Acquires Premium Data Center Assets from UOL Diveo BOCA RATON, Fla. & SAO PAULO--(BUSINESS WIRE)--Digital Colony Management, LLC (“Digital Colony” or the “Firm”), the digital infrastructure investment platform of Colony Capital, Inc. (NYSE: CLNY), today announced that Digital Colony has established Scala Data Centers S/A (“Scala”), a hyperscale data center platform headquartered in Sao Paulo, Brazil through the acquisition of assets from UOL Diveo. Upon closing of the acquisition, Marcos Peigo, currently an Operating Partner at Digital Colony, will also become the Chief Executive Officer of Scala. Financial terms of the transaction were not disclosed.Upon closing of the transaction, Scala will be one of the largest data center platforms in Brazil, and poised to scale efficiently through organic development and acquisitions. As the ninth largest economy in the world, and the largest in Latin America, Brazil is an attracti
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