Milan, 25 June 2024 – MediTerra Datacenters, a company backed by an infrastructure fund managed by DWS, has successfully completed the acquisition of Cloud Europe.
The transaction concerns the entirety of Cloud Europe’s datacenter and connectivity services platform in Rome, including the acquisition of the building located in the Tecnopolo Tiburtino (Rome) and the infrastructure equipment.
This is the first acquisition of MediTerra Datacenters and represents the first step of an ambitious strategic plan aiming to create a leading platform of regional datacenters in Southern Europe, an area undergoing a significant development in digitalisation and is becoming a fundamental hub for datacenter platforms.
Becoming part of MediTerra will enable to further develop the potential of the Cloud Europe business, including the expansion of datacenter capacity and the services to be provided to Customers and Partners.
About Cloud Europe
Cloud Europe is among the most important TIER IV "carrier independent" Green Datacenters in central Italy, developed within a campus of approximately 60 thousand m2, of which more than 25 thousand m2 dedicated to the Datacenter. It is positioned among the most strategic infrastructures with highly redundant and extremely secure Datacenter services. It is a Green Datacenter, build to operate in a sustainable way with low environmental impact thanks to the purchase of energy from renewable sources. Cloud Europe has a "carrier neutral" platform, and it is the main exchange point in the centre of Italy for national and international telecommunications operators, with minimal latency connections, thanks also to the "points of presence" of the main Internet Exchanges present on campus.
About DWS Group
DWS Group (DWS) with EUR 941bn of assets under management (as of 31 March 2024) aspires to be one of the world's leading asset managers. Building on more than 60 years of experience, it has a reputation for excellence in Germany, Europe, the Americas and Asia. DWS is recognized by clients globally as a trusted source for integrated investment solutions, stability and innovation across a full spectrum of investment disciplines.
We offer individuals and institutions access to our strong investment capabilities across all major liquid and illiquid asset classes as well as solutions aligned to growth trends. Our diverse expertise in Active, Passive and Alternatives asset management – as well as our deep environmental, social and governance focus – complement each other when creating targeted solutions for our clients. Our expertise and on-the-ground knowledge of our economists, research analysts and investment professionals are brought together in one consistent global CIO View, giving strategic guidance to our investment approach.
DWS wants to innovate and shape the future of investing. We understand that, both as a corporate as well as a trusted advisor to our clients, we have a crucial role in helping to navigate the transition to a more sustainable future. With approximately 4,600 employees in offices all over the world, we are local while being one global team. We are committed to acting on behalf of our clients and investing with their best interests at heart so that they can reach their financial goals, no matter what the future holds. With our entrepreneurial, collaborative spirit, we work every day to deliver outstanding investment results, in both good and challenging times to build the best foundation for our clients’ financial future.