Schneider Electric agreed to acquire AST Modular, which supplies pre-fabricated data center modules. Financial terms were not disclosed.
AST Modular, which is based in Barcelona, Spain, has executed over 450 data center projects worldwide. The company is considered an innovator in the prefabricated data center space. Expansions to AST Modular’s portfolio have included non-ISO modules, multi-module designs, and modular data center rooms, as well as a broad portfolio of cooling options optimized for the prefabricated IT space.
"It has always been AST Modular´s goal to offer the best and most innovative prefabricated data centers. Schneider Electric´s global presence, world class power, cooling and Data Center Infrastructure Management solutions, backed up by an excellent service network, will be a major benefit for our customers," said Henry Daunert, CEO of AST Modular.
"AST Modular’s capabilities and experience complement Schneider Electric’s strategy to provide global prefabricated solutions and support to meet customer demands in this fast growing segment” said Kevin Brown, Vice President, Data Center Global Offer and Strategy, Schneider Electric. “The acquisition of AST Modular strengthens our regional capabilities in Latin America, Europe, Middle East, and Africa, with factories and custom engineering staff located in Barcelona, Spain and Miami, Florida. We look forward to expanding our library of reference designs and integrating AST Modular’s solutions into our portfolio to create the most comprehensive offer in the industry."
http://www.schneider‑electric.com
http://www.astmodular.com
Sunday, January 12, 2014
Schneider Electric to Acquire AST Modular for Prefab Data Center Modules
Sunday, January 12, 2014
Data Centers, Mergers and Acquisitions, Spain