NTT Acquires UK Data Center Provider Gyron

gyron-slough

An illustration of plans for Gyron's new data center in Slough, whch was announced this week. NTT has acquired an 85 percent stake in Gyron, the companies said today.

NTT Communications has expanded its data center operations in the United Kingdom with the acquisition of a controlling stake in Gyron, and will provide capital for the firm to add more data center facilities, the companies said today. NTT has bought 85 percent of Gyron, which has an existing data center in London and has announced new facilities in Slough and Hemel Hempstead, which will give it 19 megawatts of capacity by early 2013.

Gyron provides a full range of colocation and connectivity services to enterprises and service providers, including large corporations such as software giants Adobe and Symantec, and the innovative subscription music streaming service Spotify.

Gyron's Managing Director, Robin Balen, and Operations Director, Ben Miller, retain a combined 15 percent ownership of Gyron, and will both continue in their current roles. "We look forward to working with NTT Com and delivering on our expansion plans," said Balen. "Existing and future customers will benefit from this significant investment and the continued provision of our high quality and flexible wholesale and retail colocation services."

"NTT Communications' investment confirms the UK as the ICT hub of Europe and is further proof that we are providing the right environment to attract world-renowned companies," said Vince Cable MP, Secretary of State for Business, Innovation and Skills "I met Mr. Akira Arima, CEO & President of NTT Communications, at their HQ in Japan last summer in the aftermath of the earthquake. At such a difficult time, I was keen to go there in person and reassure them that our door was open to do business with them, both in Japan and in the UK. I am therefore personally delighted with today's announcement by NTT Communications, which shows the strength of the trade ties between our two countries."