Pontos Oy and Taaleri Datacenter Ky own with equal shares appr. 80% of the data center and cloud delivery company Ficolo, which buys a data center in Vantaa and will make a major investment to expand it into a modern Cloud Delivery Center. The total investment amounts to over 50 million euros, most of which will be used during the first 12 months. The investment will take Ficolo’s business to a new level, place the Helsinki metropolitan area at the forefront of the data center industry in Europe, and improve Finland’s competitiveness as a provider of next-generation IoT and Industrial Internet solutions.
Ficolo and Fujitsu have signed a cooperation agreement as part of the transaction. The agreement will not affect Fujitsu’s data center services or customer relationships.
With the investment, Ficolo will become one of the leading actors in the Finnish data center market and the only Finnish-owned company of this size. The new center will be marketed to IT service providers, SaaS companies and international companies who either need colocation space for their servers or server space for their cloud services.
“Ficolo will now be able to work better as a partner for Finnish companies looking for a Finnish-owned data center, to act as a regional center for Asian companies to be established in Europe, and to act as a local data center for American companies already established in Europe. Our goal is to become the market leader in our field in Finland, and our strong domestic ownership provides a good basis for that,” says Seppo Ihalainen, the CEO of Ficolo.
“Ficolo represents the core of Pontos’ investment strategy, where real estate and private equity investments meet. In investments like Ficolo, Pontos can best use its core competences and active ownership model to support the company. Strong co-operation between management, board and owners is a prerequisite for the company’s success”, says Pontos’ CFO Tom Järvi, who together with Päivi Tomula, Pontos’ Director of legal affairs, is a member of Ficolo’s Board of Directors. They have been closely involved in the financing and contract negotiations of the new data center project.
“We believe that domestic ownership is a significant advantage when the company markets its expertise as a reliable service provider,” says Päivi Tomula.
Ficolo decided on the purchase and expansion of the data center after carefully exploring several options across the metropolitan area. The data center proved to be ideal in terms of location, security, electricity supply, and heat recovery possibilities. In the expansion of the data center, Ficolo will pay particular attention to the specific requirements of cloud services, physical and digital security, high-speed connections, energy efficiency, centralised hybrid cloud management, and various life-cycle services.
For more information, please contact:
Seppo Ihalainen, CEO, Ficolo Oy, tel. +358 44 774 4300
Tom Järvi, talousjohtaja, Pontos Oy, p. 040 548 2357
Ficolo, founded in 2011, is a data center and cloud delivery company specialised in Cloud Engineering services. Ficolo already runs two data centers, The Rock in Pori and The Deck in Tampere. The next-generation Cloud Delivery Center under construction will be called The Air. Ficolo also provides cloud and data center connectivity services and a centralised hybrid cloud management solution.
Ficolo helps its customers transform their business model into a cloud-based business model; the company offers all service components required to provide global cloud services, from colocation space to connectivity and state-of-the-art security services. Ficolo is owned by Pontos (approx. 43%), Taaleri (approx. 43%), and the company’s management and board (approx. 14%).
Pontos is a family-owned Finnish company that selectively invests in different industries in Finland and abroad. We are investors in growth with the patience to own. Our goal is to be an active owner and to offer our expertise to our partners. We invest directly in real estate, real estate development, and growth companies.