Telia Lietuva announced plans to acquire Data Logistics Center (DLC), one of the biggest data logistics operators in the Baltics to further strengthen its position in data center services.
Founded in 2010, Data Logistics Center provides data transfer services in Lithuania and abroad and operates seven data centers in four cities in Lithuania serving banks, telecommunication operators and major providers of internet and cloud computing services.
Telia Lietuva already owns one state-of-the-art, safe and efficient Tier III data center. The transaction will further strengthen Telia’s position in data center services in the Baltics.
The acquisition of Data Logistics Center from shareowners Lietuvos Energija (Lithuania Energy) and Litgrid is subject to approval from the Competition Authority and is expected to be completed in the beginning of 2018.