{"id":8078,"date":"2012-03-20T11:38:04","date_gmt":"2012-03-20T09:38:04","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=8078"},"modified":"2012-03-20T11:41:51","modified_gmt":"2012-03-20T09:41:51","slug":"teraco-continues-expansion-drive","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/cloud-hosting\/8078\/teraco-continues-expansion-drive\/","title":{"rendered":"Teraco continues expansion drive"},"content":{"rendered":"

Teraco<\/a> is increasing its data centre presence in Johannesburg, Cape Town and Durban with increased capacity and improved facilities.<\/p>\n

In June 2011, Teraco announced that it had completed R160 million \u2018Series C\u2019 financing. The financing included a combination of both equity and debt, with IFC, a member of the World Bank Group, becoming an equity shareholder in Teraco, and the Development Bank of Southern Africa (DBSA) providing R80 million of senior debt.<\/p>\n

At the time, Teraco said that the financing would be used to further support its growth, and the results are starting to emerge.<\/p>\n

On Thursday, 29 September 2011, Teraco opened the doors of its third vendor-neutral collocation facility in River Horse Valley, Durban.<\/p>\n

The Durban facility forms a core part of Teraco\u2019s national expansion plans, complementing its facilities in Isando, Johannesburg (JB1) and in Rondebosch, Cape Town (CT1).<\/p>\n

Teraco\u2019s Johannesburg facility expanded to a 6000 square meter footprint, which includes 4000 square meters of gross data centre space and a new energy centre. The expansion is continuing, however.<\/p>\n

\u201cThe current expansion phases will add a further 1600 square meters of data centre collocation space; more wireless collocation positions; a new energy centre; advanced cooling systems; improved physical security; and extended client staging areas,\u201d explained Teraco MD, Lex van Wyk<\/a>.<\/p>\n

Teraco is also expanding its Cape Town data centre by 150 square meters, after the 500 square meter facility has reached its maximum capacity.<\/p>\n","protected":false},"excerpt":{"rendered":"

Teraco is continuing to drive its expansion in Cape Town, Durban and Johannesburg<\/p>\n","protected":false},"author":2,"featured_media":8080,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[26,2023,40],"class_list":["post-8078","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cloud-hosting","tag-headline","tag-lex-van-wyk","tag-teraco"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/8078","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=8078"}],"version-history":[{"count":3,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/8078\/revisions"}],"predecessor-version":[{"id":8082,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/8078\/revisions\/8082"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/8080"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=8078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=8078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=8078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}