Iron Mountain Incorporated entered into an agreement to acquire Data Center in Frankfurt, Germany from Keppel Vector (Dc) Gmbh and Graphite (DC) BV for ?76 million.
July 06, 2021
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Iron Mountain Incorporated (NYSE:IRM) entered into an agreement to acquire Data Center in Frankfurt, Germany from Keppel Vector (Dc) Gmbh and Graphite (DC) BV for ?76 million on July 7, 2021. The transaction is subject to customary closing conditions and expected to close during the third quarter of 2021. As of August 5, 2021, transaction is expected to close during the second half of 2021.
Iron Mountain Inc is engaged in a physical ecosystem supporting information storage and retrieval for businesses which rely on paper documents or computer tapes to store their valuable information. The Companyâs segments include Global Records and Information Management (Global RIM) Business and Global Data Center Business. The Global RIM Business segment includes various offerings, including records management, data management, global digital solutions, secure shredding, secure shredding, and consumer storage. The Global Data Center Business segment provides data center facilities and the capacity to protect mission-critical assets and ensure the continued operation of its customersâ information technology (IT) infrastructure with data center options. The Company also offers IT asset disposition customer solutions. It serves industries, such as commercial, legal, financial, healthcare, insurance, life sciences, energy, business services, entertainment and government organizations.
Iron Mountain Incorporated entered into an agreement to acquire Data Center in Frankfurt, Germany from Keppel Vector (Dc) Gmbh and Graphite (DC) BV for ?76 million.
IRON MOUNTAIN INCORPORATED 
