Legacy Technologies, Saudi Excellence ink $560 mln contract to manufacture data centers

03/05/2022 Argaam

Kingdom of Saudi Arabia's flag

Legacy Technologies, a German firm specializing in modular data centers, signed a $560 million contract with Saudi Excellence Co., Asharq Al-Awsat reported, citing CEO and partner Sem Köksal.

 

The two parties aim to establish a joint firm - Next Generation Data Center - in the Kingdom.

 

Köksal expected the new company to start operations in September 2022.

 

Legacy Technologies will enter the global market through its partnership with Saudi Arabia and will be the first firm to manufacture data centers in the Kingdom by Saudi engineers, he affirmed.

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