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Mubadala, BEAC and RDIF have become investors in the IXcellerate data center network

2023
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IXcellerate, a leading Russian operator of commercial data centers, has raised about $ 190 million from existing shareholders and new investors, including Mubadala Investment Company (Mubadala, the UAE sovereign wealth fund), SberInvest and the Russian Direct Investment Fund (RDIF, the sovereign Wealth Fund of the Russian Federation), the operator said on Tuesday.

The company will direct investments to expand the Northern and Southern Campuses in Moscow, which will allow IXcellerate to build new facilities, increase energy intensity and ensure the operation of one of the largest data center campuses in Europe. Scaling the business in accordance with the highest industry standards will allow IXcellerate to offer additional capacity to customers, maintain service availability at 99.999% and guarantee better connectivity - the conditions necessary for the success of digital leaders in the new economy.

IXcellerate has been operating in Russia for more than 10 years. Based on its own network of world-class data centers, the operator provides colocation services, ensuring continuity and availability of services for Russian enterprises and global corporations in the face of rapidly growing demand for data processing and storage in various industries.

Investments in IXcellerate are part of the RDIF strategy aimed at supporting the development of Russia's digital infrastructure, and expand the fund's portfolio in the field of data centers," said Mikhail Kireev, Senior Vice President of RDIF. - IXcellerate will be able to introduce new capacities and expand its customer base, which will enable more companies to scale up their digital business. The need for high-quality digital data storage and processing services will increase in the future. We hope that IXcellerate will further strengthen its position in the Russian market of commercial data centers.

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