ISC acquires Mexico-based KIO Networks
US-based infrastructure management investment company ISC recently acquired Mexico’s largest data center operator KIO Networks.
The American firm said that this latest acquisition will help them “capture the rapid growth in demand for data storage and anchor the development of the I Squared Capital digital infrastructure strategy in Mexico and the rest of Latin America.”
ISC Managing Partner Adil Rahmathulla noted that “Mexico is a core component of our Latin American strategy and this investment in KIO Networks continues our commitments to digital infrastructure.”
KIO offers several business applications, cloud, and cybersecurity services in its centers located across Mexico, Guatemala, Nicaragua, and the Dominican Republic.
The amount of the acquisition was not disclosed to the public but some reports by the local media say that the total amount is over US$1 billion.
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