KPN has reached an agreement to sell its data center subsidiary NLDC to a private equity fund managed by DWS – a global infrastructure investment manager. Financial terms of the transaction were not disclosed.

NLDC is one of the largest colocation providers in the Netherlands. It operates a portfolio of six data centers, of which three in the Amsterdam area and three regional “Internet hotspots” in Eindhoven, Rotterdam and Groningen. NLDC will continue to deliver data center services to KPN as a preferred supplier and services to customers would continue uninterrupted.

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