TelecityGroup, Europe's industry-leading provider of carrier-neutral data centres, has today announced it has acquired Academica, a leading data centre and IT services operator in Finland, for a total consideration of €28million in cash.

The acquisition of Academica further strengthens TelecityGroup’s leadership position in Finland where there is a strong and growing demand for high quality, connected data centre services. Academica currently operates two carrier-neutral data centres in Helsinki with 1MW of operational capacity. 3MW of additional capacity is secured, some of which will be deployed in Viikinmaki, a new centrally-located facility.

The announcement follows TelecityGroup’s acquisition of Tenue Oy in August giving the enlarged TelecityGroup Finland a total of three data centres and 2MW of operational capacity. 7MW of additional capacity will be opened in two new facilities in due course.

Marko Vanninen, Managing Director of Academica, will become Managing Director of TelecityGroup Finland and Sami Holopainen, who joined TelecityGroup with the Tenue acquisition in August 2012 and was the founder and Managing Director of Tenue Oy, will become responsible for commercial and business development, sales and marketing.