Vocus buying Perth data centre for $12m

Vocus Communications

By Dylan Bushell-Embling
Wednesday, 13 August, 2014

Vocus buying Perth data centre for $12m

Vocus Communications will spend $11.9 million to acquire a second data centre in Perth from ASX-listed IT provider ASG Group.

The company has entered a deal to buy the Bentley Data Centre, which is located around 4 km away from its existing Perth facility.

The Bentley DC opened in 2011 and has some major Australian mining and utility companies as customers.

As part of the acquisition, Vocus will also become the preferred supplier to ASG of all telecom services across Australia.

Vocus said it expects its new acquisition to be earnings per share accretive in the first year and generate annualised EBITDA of around $2 million.

“The acquisition continues our investment in Perth and provides Vocus with additional resources to serve the fast-growing Western Australia market,” Vocus CEO James Spencely commented.

Vocus provides dark fibre, data centre and international connectivity services for corporate customers in Australia, New Zealand, Singapore and the US. The company is headquartered in Sydney.

Image courtesy of Bob Mical under CC

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