Telefonica, a Spanish international telecommunications company, has sold its four Data Centers (DCs) to a leading independent investment management company Asterion Industrial Partners in exchange for a 20 percent stake in the Nabiax hosting business. With this deal, Telefonica is forming a strategic partnership with the company’s current shareholder, Asterion and its co-investors, who retain the remaining 80% of the share capital. Two of the properties sold are located in Chile and two are in Spain. The contract includes an agreement for housing services in the four DCs on identical terms and conditions as set out in the previous transaction. The deal does not include the sale of Telefónica’s owned servers, as well as the management and access to their customers hosted on those servers. As a result, Telefónica will continue providing and managing the services it has offered to its customers from these data centers and will support…
