Melbourne-based data centre operator, NextDC, has continued its expansion plans with a non-binding agreement to acquire a new data centre site called S2 in North Sydney.

S2 will provide colocation services to customers and will be between 3000 and 5000 square metres including office and plant space. The contract with the other party, which was not named, was to be signed on 21 March. Completion of the acquisition was expected by April 2011.

Source: Computer World

Here for full article