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Stellanor acquires Hemel Hempstead data centre

Stellanor has expanded its UK data centre platform to 11 facilities by acquiring an AI-ready site in Hemel Hempstead from Imagination Technologies, which will continue operating there as a managed client.

MAIN POINTS
  1. Stellanor's UK data centre platform now includes 11 facilities.
  2. The acquisition involves an AI-ready site in Hemel Hempstead.
  3. Imagination Technologies will remain as a managed client at the facility.
  4. The transaction is a sale-and-service-back arrangement.
TAKEAWAYS
  1. Stellanor is expanding its data centre presence in the UK.
  2. The Hemel Hempstead site enhances Stellanor's AI capabilities.
  3. Imagination Technologies maintains operations at the acquired site.
  4. The acquisition strategy includes sale-and-service-back deals.
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