Leading position established in the fast-developing Istanbul market
TelecityGroup, Europe's industry-leading provider of carrier-neutral data centres, has today announced it has acquired SadeceHosting, the leading provider of data centre and hosted services in Turkey.
Sadece offers a range of data centre and hosting services and currently operates a 1MW data centre, with a further 1MW of expansion potential.
Turkey is a fast-developing market, with the prospect of becoming a major internet hub, due both to its large and rapidly growing domestic digital economy and its unique strategic location between Europe and Asia. Although currently smaller than the Group’s other markets in terms of developed data centre capacity, it has the fastest internet traffic growth rate in Europe and offers compelling growth dynamics. Entry into the market enhances TelecityGroup's medium-term growth potential, bringing management expertise and a strong customer base in this exciting region.
Michael Tobin, CEO of TelecityGroup, said: “Turkey is one of the fastest growing digital economies in the world and Sadece has played a major role in enabling this growth. The combination of our data centre expertise and Sadece’s service leadership creates a highly attractive choice for customers, both from the domestic Turkish market and international businesses seeking to grow in this region. I am delighted to welcome Selçuk Saraç and the team at Sadece to TelecityGroup and look forward to working together.”
Selçuk Saraç, CEO of Sadece, who will become Managing Director of TelecityGroup’s Turkish operation said: “This is an exciting development for Sadece and the development of Turkey’s digital economy. Combining our business with Europe’s leading provider of data centres will be a great boost and will help us take advantage of the booming demand for hosting and data centre services in Turkey and beyond.”