Skygard, a Norwegian data center provider, has acquired two modern data center facilities, OSL3 and OSL5, from Orange Business Services Norway, expanding its presence in the Norwegian and Nordic markets. The move aims to increase capacity to serve businesses with secure data storage solutions in Norway.
According to a press release, both these facilities are located in the Oslo area, Norway’s largest data center market, and feature modern infrastructure. The deal also includes an experienced operations team and an established customer portfolio, which Skygard is providing to create an opportunity to improve services and increase flexibility.
Elise Lindeberg, Skygard, CEO, said, “The market for data center capacity is growing rapidly, driven by digitalisation, AI, cloud services and heightened requirements for data security. With increased capacity through strategic acquisitions and self-developed projects, Skygard is well positioned to deliver tailored solutions to the business sector.”
By combining two established data centers with the upcoming facility at Hovinbyen and leveraging an experienced organisation to build a strong foundation for future growth. The acquisitions strengthen Skygard’s ability to meet rising demand for secure data storage while consolidating its position as a major player in Norway’s expanding data center industry.
Skygard is owned by Telenor, Hafslund, HitecVision, and Analysys Mason, combining expertise across telecommunications, energy, investment, and technology. The company emphasizes that being Norwegian-owned allows it to offer local control over critical data with high security and energy-efficient operations.
In a report from Next Move Strategy Consulting, the Norway Data Center Market size was valued at US$ 1.65 billion in 2024, and is predicted to reach US$ 2.97 billion by 2030, at a CAGR of 9.31 percent from 2024 to 2030. A pivotal driver of the data center market in Norway is the rapid expansion of a network of submarine fiber optic cables which have enabled Norway to transform into a central hub for data centers.