Cinia Group Oy has signed a breakthrough contract with Hetzner Online AG for the use of Cinia’s new Sea Lion submarine cable system between Finland and Germany. Hetzner Online is a rapidly growing successful German data center company, which is planning significant investment in Finland to meet Europe’s increasing digital capacity needs.
Cinia and Hetzner Online have signed a 20-year contract to use the Sea Lion system. The contract, currently worth over €10 million, allows the extension of capacity up to 15 Tbit/s and creates a new opening for Cinia in the German market and continental Europe.
For Hetzner Online, this contract secures its planned data center investments, along with the reliable and secure use of data and its location. Also, the increased demand for resilient infrastructure systems and the growth of data-intensive customers requires new investments. As a growing hub for data-intensive services, Finland is Hetzner Online’s major investment target.
Hetzner Online is currently in the final phase of evaluating the chosen location of their new data center, and this agreement will ensure their business continuity and development in the future.
“This agreement shows the importance of digital infrastructure, not only to operators and big data customers but also to the growing number of entrepreneurs of the digital economy,” says Ari-Jussi Knaapila, CEO of Cinia Group. “We see extremely strong and steady growth potential in the Central and Northern European market. Our company’s credible owners, together with high-quality, state-of-the-art technology and global operations, create significant opportunities for our future success.”