Telehouse Europe is investing $231 million in the first of a new generation of data centers in the London’s Docklands. The investment in the first facility, dubbed “North Two,” will focus on enabling the Internet of Things and the IT industry shift towards hybrid cloud, and encourage innovation, growth and new jobs in that neighborhood of London.
North Two will be built next to the company’s original data center, Telehouse North, and extend Telehouse’s Docklands data center campus.
“Today’s announcement speaks volumes to Telehouse’s commitment to ensuring our vital network ecosystems throughout the U.K., the U.S., and around the world are consistently expanding and thriving to service the needs of our entire global digital economy,” said Satoru Manabe, president and CEO of Telehouse America.
“The $231 million investment in North Two is crucial to the expansion of one of the world’s most critical Internet hubs marks a new dawn for data centers,” added Hiroyuki Soshi, managing director of Telehouse Europe. “We believe that as the Internet continues to develop at such a dramatic pace, the underlying infrastructure in the Docklands must stay ahead to meet the needs of the future.”
Over the last 25 years, Telehouse parent KDDI has invested more than $445 million, with $188 million being invested over the last five years, in diversification and expansion plans outside of Japan.
“It is good news that Japanese ICT company KDDI has decided to invest further into its global data center at the Docklands,” said UK Business Secretary Vince Cable. “Britain’s economy is growing thanks to Japanese investment and in 2013 and 2014, KDDI was the second biggest investor into the UK starting over 100 new projects and creating 3,000 new jobs.”