Videotron has acquired 4Degrees Colocation and its data center for $31.5 million.
The data center, which is the largest in Quebec, will enable Videotron to offer bundled services to Quebec businesses. Enterprises in Quebec are looking at digitizing and decentralizing their data servers.
4Degrees’s data center is a Tier III certified by the Uptime Institute. The acquisition will also enable Videotron to expand the services it offers business customers and meet its customers’ technological and hosting needs.
Built in 2014 in the heart of the Quebec Metro High Tech Park, 4Degrees data center has a capacity of more than 2,000 cabinets and the equivalent of 85,000 servers.
“This investment enables our teams to effectively support Quebec companies of all sizes seeking integrated business solutions that meet their needs,” said Manon Brouillette, president and CEO of Videotron.