Iron Mountain has closed on the agreement to form a joint venture with Web Werks, one of India’s top colocation data center providers.
Iron Mountain expects to invest $150 million over the next two years and anticipates being the majority investor in the venture after the investment period.
Web Werks — which already operates three Tier 3, carrier-neutral data centers in Mumbai, Pune and Delhi NCR — recently announced that they have acquired a land parcel to build a standalone purpose-built Greenfield data center in Navi Mumbai. This new standalone 100,000 square foot structure will be a next-generation, Uptime Tier 3 designed data center with 12.5MW of power and a rich interconnectivity ecosystem consisting of major Telcos, 160+ ISPs and three major Internet Exchanges: De-CIX, Extreme IX and NIXI. The new facility, expected to be ready for service by mid 2022, abuts Web Werks’ existing data center in Navi Mumbai.
With the latest land expansion, Web Werks is expected to have a combined footprint of 325,000 square feet, provide 16.5 MW of capacity, house six worldwide Points of Presence (POPs), enable access to 160+ ISPs, support 6,000+ servers and support a growing customer base of 850+.
