Allen & Overy has advised Lamda Hellix on its sale to Digital Realty subsidiary Interxion. Linklaters advised the buyer on the deal.
Financial details of the transaction were not disclosed.
Digital Realty is a provider of data center, colocation, and interconnection services. According to Allen & Overy, 'through its PlatformDIGITAL, the company provides customers methodology for scaling digital business and efficiently managing data gravity challenges. According to the firm, "the acquisition further enhances Digital Realty’s global footprint, which spans more than 700 connectivity providers in over 280 data centers across 22 countries.”
Lamda Hellix is an Athens-headquartered carrier-neutral colocation provider. The company offers cloud and colocation services while also serving as a hub connecting telecoms, customers, and partners.
According to Allen & Overy, “Lamda Hellix’s management team will remain with the company, including its founder and current CEO and Chairman Apostolos Kakkos, who will continue to oversee operations in the region.”
The Allen & Overy team was led by London-based Partner Will Samengo-Turner, who was assisted by Senior Associate Eimear Coady.
Linklaters' Warsaw-based team consisted of Partner Daniel Cousens, Managing Associate Christopher Quinn, and Senior Associate Klaudia Owsianka, among others.
Editor's note: After this article was published, Zepos & Yannopoulos announced that it had advised Lamda Helix as well. The firm's team included Partner Athina Skolarikou and Senior Associate Antonis Giannakodimos.
