 | |
| Company type | Private |
|---|---|
| Industry | Internet Infrastructure |
| Founded | 2008; 17 years ago (2008) |
| Founders |
|
| Headquarters | Isando,, |
Number of locations | 7 data centre locations across South Africa |
Area served | Sub-Saharan Africa |
| Parent |
|
| Website | https://www.teraco.co.za |
Teraco Data Environments is a carrier-, cloud- and vendor-neutraldata 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 byBerkshire Partners,Permira and a group of investors.[1][2]
As the local telecommunications market began to deregulate, Teraco's founders recognised an opportunity for a truly vendor-neutral data centre offering inSouth Africa.[3][4]
Teraco is majority-owned byDigital Realty (NYSE: DLR) and a consortium of private equity investors, includingBerkshire Partners LLC andPermira.
Teraco built Africa's largest data centre inJohannesburg,South Africa.[5][6][7] In 2012, the company created NAPAfrica, a fully funded non-profit neutral Internet eXchange Point (IXP).[8][9][10] Teraco has additional data centres inDurban andCape Town.[11]
Xneelo, South Africa's web hosting company, partnered with this company.[12][13][14][15]Telkom peered with NAPAfrica through its Openserve wholesale and network division in 2016.[16] Clients will be able to use the Microsoft service through this company.[17] The telecom operator, Angola Cables, peered with this company in 2017.[18]
After completing anEnvironmental Impact Assessment, Teraco was granted permission to store 210,000 litres of diesel on site.[19]
2011: The company received R158 million inSeries C financing.[20]
2013: A R200 million medium-term funding facility was provided from Absa's corporate and investment banking division.[21]
2014: Teraco is acquired byPermira in first African investment.[22]
2015: The company acquired R400 million in funding.[23]
2016: Liquid Telecom invested $3.5 million in a new satellite hub.[24]
2017:Barclays Africa Group funded R1.2 billion ($90 million) for Teraco Data Environments.[25][26]
2022:Digital Realty acquires 55% stake in Teraco Data Environments[27]
Companies based inGreater Johannesburg | |||
|---|---|---|---|
| Diversified conglomerates | |||
| Airlines |
| ||
| Construction and engineering | |||
| Energy | |||
| Financial |
| ||
| Hospitality | |||
| ICT | |||
| Legal | |||
| Manufacturing |
| ||
| Media | |||
| Mining | |||
| Retail and marketing | |||
| Restaurant franchises | |||
| Services | |||
| Transport | |||
| State-owned enterprises | |||
