Internet infrastructure company
Teraco Data Environments
|
Company type
| Private
|
---|
Industry
| Internet Infrastructure
|
---|
Founded
| 2008
; 16 years ago
(
2008
)
|
---|
Founders
| - Tim Parsonson
- Lex van Wyk
|
---|
Headquarters
| Isando
,
,
|
---|
Number of locations
| 7 data centre locations across South Africa
|
---|
Area served
| Sub-Saharan Africa
|
---|
Parent
| |
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Website
| https://www.teraco.co.za
|
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Teraco Data Environments
is a carrier-, cloud- and vendor-neutral
data centre
provider founded by Tim Parsonson and Lex van Wyk in 2008. On 1 August 2022,
Digital Realty
announced that it had completed the purchase of a majority stake in Teraco, previously controlled by
Berkshire Partners
,
Permira
and a group of investors.
[1]
[2]
Overview
[
edit
]
As the local telecommunications market began to deregulate, Teraco's founders recognised an opportunity for a truly vendor-neutral data centre offering in
South Africa
.
[3]
[4]
The possibility of providing a service that was not tied to any carrier or ISP became not only technically feasible and economically viable, but increasingly desirable to South African enterprises that needed unrestricted choice in how they interconnected their facilities and connected to the internet.
Teraco has brought international best practices in vendor-neutral data centre management to South Africa to give businesses a technically superior, physically safer, and lower-cost environment for their information systems. Teraco manages colocation data centres in Johannesburg, Cape Town, and Durban.
As Africa's leading carrier-neutral colocation provider, Teraco is the first provider of highly resilient, vendor-neutral data environments in sub-Saharan Africa. With its world-class data centre infrastructure and network-dense ecosystems, Teraco forms a vital part of the African internet's backbone and is essential to the modern enterprise's digital transformation strategy. Purpose-built and operated to global best practice by an organisation with an absolute focus on data centre technology and infrastructure, Teraco offers its clients secure, cost-effective, sustainable, scalable, and resilient data centre services.
Its ever-expanding ecosystems move Teraco beyond colocation and establish it as an open marketplace for digital growth and innovation. Discovering new business partners, making strategic interconnection choices, on-ramping to a choice of cloud providers, and reaching new markets globally, Teraco provides a highly secure, flexible, and resilient home for digital organisations across the world.
Teraco is majority-owned by
Digital Realty (NYSE: DLR)
- offering customers a global data centre platform designed to enable digital business to scale within a highly connected data community across >300 data centres in 50+ metros and 25+ countries on six continents - and a consortium of private equity investors, including
Berkshire Partners LLC
and
Permira
. Teraco is a Level 2 BBBEE contributor (DTI Codes).
Data centres
[
edit
]
Teraco built Africa's largest data centre in
Johannesburg
,
South Africa
.
[5]
[6]
[7]
In 2012, the company created NAPAfrica, a fully funded non-profit neutral Internet eXchange Point (IXP).
[8]
[9]
[10]
Teraco has additional data centres in
Durban
and
Cape Town
.
[11]
Peering by NAPAfrica
[
edit
]
Xneelo
, South Africa's web hosting company, partnered with this company.
[12]
[13]
[14]
[15]
Telkom
peered with NAPAfrica through its Openserve wholesale and network division in 2016.
[16]
Clients will be able to use the Microsoft service through this company.
[17]
The telecom operator, Angola Cables, peered with this company in 2017.
[18]
Accomplishments and funding
[
edit
]
After completing an
Environmental Impact Assessment
, Teraco was granted permission to store 210,000 litres of diesel on site.
[19]
2011: The company received R158 million in
Series C
financing.
[20]
2013: A R200 million medium-term funding facility was provided from Absa's corporate and investment banking division.
[21]
2014: Teraco is acquired by
Permira
in first African investment.
[22]
2015: The company acquired R400 million in funding.
[23]
2016: Liquid Telecom invested $3.5 million in a new satellite hub.
[24]
2017:
Barclays Africa Group
funded R1.2 billion ($90 million) for Teraco Data Environments.
[25]
[26]
2022:
Digital Realty
acquires 55% stake in Teraco Data Environments
[27]
References
[
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]
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