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Teraco Data Environments

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Teraco Data Environments
TypePrivate
IndustryInternet Infrastructure
Founded2008; 18 years ago (2008)
Founders
  • Tim Parsonson
  • Lex van Wyk
HeadquartersIsando,
Johannesburg
,
South Africa
Number of locations
7 data centre locations across South Africa
Area served
Sub-Saharan Africa
Parent
[1]
Websitehttps://www.teraco.co.za

Teraco Data Environments is a carrier-, cloud- and vendor-neutral data centre provider founded by Tim Parsonson and Lex van Wyk in 2008. On 1 August 2022, Digital Realty announced that it had completed the purchase of a majority stake in Teraco, previously controlled by Berkshire Partners, Permira and a group of investors.[2][3]

Overview

[edit]

As the local telecommunications market began to deregulate, Teraco's founders recognised an opportunity for a truly vendor-neutral data centre offering in South Africa.[4][5]

Teraco is majority-owned by Digital Realty (NYSE: DLR) and a consortium of private equity investors, including Berkshire Partners LLC and Permira.

Data centres

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Teraco built Africa's largest data centre in Johannesburg, South Africa.[6][7][8] In 2012, the company created NAPAfrica, a fully funded non-profit neutral Internet eXchange Point (IXP).[9][10][11] Teraco has additional data centres in Durban and Cape Town.[12]

Peering by NAPAfrica

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Xneelo, South Africa's web hosting company, partnered with this company.[13][14][15][16] Telkom peered with NAPAfrica through its Openserve wholesale and network division in 2016.[17] Clients will be able to use the Microsoft service through this company.[18] The telecom operator, Angola Cables, peered with this company in 2017.[19]

Accomplishments and funding

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After completing an Environmental Impact Assessment (EIS), Teraco was granted permission to store 210,000 litres of diesel on site.[20]

  • 2011: The company received R158 million in Series C financing.[21]
  • 2013: A R200 million medium-term funding facility was provided from Absa's corporate and investment banking division.[22]
  • 2014: Teraco was acquired by Permira in first African investment.[23]
  • 2015: The company acquired R400 million in funding.[24]
  • 2016: Liquid Telecom invested $3.5 million in a new satellite hub.[25]
  • 2017: Barclays Africa Group funded R1.2 billion ($90 million) for Teraco Data Environments.[26][27]
  • 2022: Digital Realty acquired a 55% stake in Teraco Data Environments.[28]
  • 2026: Digital Realty increased its stake to 77%, having acquired 16% from existing minority shareholders.[29]

References

[edit]
  1. ↑
  2. ↑ "Digital Realty completes acquisition of Teraco". Creamer Media's Engineering News. Retrieved 2022-12-29.
  3. ↑ "Digital Realty Completes Acquisition of Teraco". PR Newswire. Retrieved 2022-12-29.
  4. ↑ "Teraco raises $90 million for South African data center expansion". DatacenterDynamics. Retrieved 2017-12-26.
  5. ↑ "Open Access brings in 5 years of expanding Africa's Internet ecosystem". Retrieved 2017-12-26.
  6. ↑ "Teraco sets date for launch of Africa's biggest commercial data center". DatacenterDynamics. Retrieved 2017-12-26.
  7. ↑ "We saw what South Africa's internet will look like in 5 years – and it's incredible". Retrieved 2017-12-26.
  8. ↑ "Africa's largest data centre to be built in Johannesburg - CNBC Africa". CNBC Africa. 2016-03-04. Retrieved 2017-12-26.
  9. ↑ Roanne. "NAPAfrica celebrates five years as Africa's largest IXP". ITWeb Technology News. Retrieved 2017-12-26.
  10. ↑ Rawlins, Lauren Kate. "Netflix arrives in SA via Teraco's NAPAfrica". ITWeb Technology News. Retrieved 2017-12-26.
  11. ↑ "[IN PICTURES] Inside Africa's biggest internet exchange - htxt.africa". htxt.africa. 2014-07-29. Retrieved 2017-12-26.
  12. ↑ "NAPAfrica is doing over 100Gbps of traffic". Retrieved 2017-12-26.
  13. ↑ Staff Writer. "Teraco secures R1.2 bn from Absa for further investment - ITWeb Africa". www.itwebafrica.com. Retrieved 2017-12-26.
  14. ↑ Thakudi, Phahamang. "Hetzner peers with NAP Africa for mutual benefit". ITWeb Technology News. Retrieved 2017-12-26.
  15. ↑ "Hetzner breaks 1 petabyte monthly outbound traffic". Retrieved 2017-12-26.
  16. ↑ "Hetzner joins peering at NAPAfrica - TechCentral". TechCentral. 2017-04-13. Retrieved 2017-12-26.
  17. ↑ "Telkom's Openserve to peer at NAPAfrica - TechCentral". TechCentral. 2016-05-04. Retrieved 2017-12-26.
  18. ↑ "Teraco partners with Microsoft for Azure ExpressRoute". Retrieved 2017-12-26.
  19. ↑ "Angola Cables to peer at NAPAfrica – Africa's most connected Internet Exchange". BiztechAfrica. Retrieved 2017-12-26.
  20. ↑ "Building Africa's biggest data centre". BiztechAfrica. Retrieved 2017-12-26.
  21. ↑ "Teraco Data Environments get R158 million". Retrieved 2017-12-26.
  22. ↑ "Teraco, Absa in R200m funding deal - TechCentral". TechCentral. 2013-05-13. Retrieved 2017-12-26.
  23. ↑ "Permira makes first African investment in data centre firm Teraco". Reuters. 2014-12-04. Retrieved 2017-12-26.
  24. ↑ "Teraco plans second Johannesburg datacentre, gets R400bn to do it - htxt.africa". htxt.africa. 2015-01-27. Retrieved 2017-12-26.
  25. ↑ Henry, Caleb (2016-03-15). "Liquid Telecom Establishes Second Satellite Hub at Teraco Data Center in South Africa - Via Satellite -". Via Satellite. Retrieved 2017-12-26.
  26. ↑ "Permira makes first African investment in data centre firm Teraco". Reuters. 2014-12-04. Retrieved 2017-12-26.
  27. ↑ "Teraco Data raises $90m for African data centre rollout". www.capacitymedia.com. Retrieved 2017-12-26.
  28. ↑ "Digital Realty acquires 55% stake in Teraco Data Centres". TECH dot AFRICA. 2022-01-04. Retrieved 2022-01-04.
  29. ↑ Craske, Ben (2026-06-22). "Digital Realty's Plans for Kansas, Teraco & Columbia Capital". datacentremagazine.com. Retrieved 2026-07-14.
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