Indian data center provider Web Werks has become part of Iron Mountain.
The companies have been working together for the last four years as part of a joint venture to build data centers in India, and Iron Mountain has increased its investment to the point where it has 100 percent ownership of the business, which will now operate under the Iron Mountain brand.
Terms of the deal are undisclosed, but it gives Iron Mountain an Indian portfolio of six data centers located in five Indian markets - Mumbai, Bangalore, Hyderabad, Pune, and Noida - with total IT capacity of 14MW.
The company is developing three new campuses, in Mumbai, Chennai, and Noida, which have a potential capacity of 142MW between them.
Rajesh Tapadia will take up the role of CEO of Iron Mountain’s India operations. He was mostly recently executive director and COO at Airtel’s data center firm, Nxtra.
Writing on LinkedIn, Tapadia said: “It's an exciting time to be in the Indian data center market! We're witnessing phenomenal growth and we're thrilled to be supporting our customers with secure and compliant infrastructure.”
The JV was set up in 2021, with Iron Mountain committing $150 million of investment over two years.
Since then its scope has expanded, and in 2023 it revealed it was spending $170 million on a new facility in Navi Mumbai.
Iron Mountain operates in 61 countries and has around 415MW of colocation and hyperscale capacity in 21 markets across seven countries and three continents. The company said it has a potential capacity of nearly 1.3GW.
