Data-centers: IXEurope raises 19.5 million euros

The company, which has recently opened a data-center in Sophia Antipolis, wants to become the European leader of the market of computer infrastructures and collocation hosting.

Some increased financial means for IXEurope, which has opened a data-center in Sophia Antipolis, in the 3 Moulins area, in the beginning of the year. The telecom and computer infrastructure hosting company has just raised 19.5 million euros (128 million francs) in shares with an investment group, among which European Acquisition Capital (EAC), Bank of America Equity Partners and JPMorgan Partners. These investors were already among the founders of the company.During previous roundtables, the company has already raised 84 million euros. These fund raising have allowed the company to acquire two European competitors after having exchanged shares. With this new support, the total of raised funds is up to 104 million euros (almost 700 million francs).IXEurope owns today eight operational IXDataCentres in Paris CDG, Sophia Antipolis, London, in Heathrow's airport area and in the business area in the City, Frankfort, Zurich, Düsseldorf and Milan, as well as in three other centers which are about to be finalized. The only hosting and collocation provider in Europe having received the ISO 9002 certification, IXEurope have clients such HP, NTT, Cable & Wireless, Enron, Nikon and Attenda.In a press release, IXEurope declares that "this third investment will will allow the company which has no debt, to have a positive cash-flow during the first six months 2002. IXEurope also will be able to widen the range of hosting services and high added value services within its European subsidiaries." Guy Willner, the Chief Executive Officer of IXEurope, has also ambitions. "We want to become the leader of the hosting and collocation market by providing added value services of quality via our European network. The funds which have been raised will allow us to increase our development."