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Videotron acquires 4Degrees Colocation (Quebecor Inc)

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(Source: Quebecor Inc) Videotron is pleased to announce that it has acquired 4Degrees Colocationand its data centre, the largest in Québec City. The amount of the transaction is $31.5 million, which could increase to $35.5 million if certain targets are reached. Acquisition of the data centre will give Videotron Business Solutions a significant advantage when it comes to offering bundled services to Québec businesses, which are increasingly interested in digitizing and decentralizing their data servers. 4Degrees is one of the few data centres in Québec to be Tier III certified by the Uptime Institute. Tier III is an international standard that ensures maximum reliability and operational...

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