Digital Realty Sells Croatian Cloud Services to Databox
Deal News | Nov 28, 2024 | CEE Legal Matters
Divjak, Topic, Bahtijarevic & Krka (DTB) has successfully advised Digital Realty in the divestment of its cloud services business in Croatia to local company Databox. Digital Realty is well-known for providing comprehensive data center solutions worldwide. The buyer, Databox, is a Croatian provider with a robust focus on cloud and data center services, thereby complementing its existing portfolio through this strategic acquisition. The DTB legal team was led by Senior Attorney at Law Dina Salapic, with support from a skilled team including Attorneys Barbara Simic, Anella Bukovic, Jure Marovic, and Associate Valeria Kirac. Despite attempts, DTB did not provide additional commentary on the transaction.
Sectors
- Cloud Computing
- Data Center Services
- Legal Advisory
Geography
- Croatia – Both the seller's business and the buyer are located in Croatia, where the transaction took place.
Industry
- Cloud Computing – The sale involves cloud services which are part of the Cloud Computing industry.
- Data Center Services – Both companies involved provide data center services, a critical part of the transaction.
- Legal Advisory – The role of DTB as the legal advisor in the transaction highlights the importance of expertise in legal advisory.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Digital Realty | Selling Company | Company | Digital Realty is a provider of data center solutions. |
| Databox | Bidding Company | Company | Databox is a Croatian provider of cloud and data center services. |
| Divjak, Topic, Bahtijarevic & Krka (DTB) | Legal Advisor | Company | DTB advised Digital Realty on the sale of its Croatian cloud services business. |