Sep 4, 2024
David Ruberg's vision for developing Marseille as a data hub was driven by his passion to accelerate the pace of technology adoption in underdeveloped areas, such as Africa and the Middle East.
Cofinity Group, Inc. was selected as the sole advisor for our client’s entry into the Marseille market in 2014. The CEO, David Ruberg, had a clear vision of how that market could be transformed into a Cloud, Content and Connectivity hub. It is immensely gratifying that David was able to see the enormous development of Marseille over the past ten years before his passing in late 2023. David was deliberate, detailed, disciplined, demanding and driven in his personal oversight of this market transformation as he firmly believed it was critical to get the “right” customers in the proper order to achieve the desired Community in the data center campus being built. David’s stature and reputation in the data center industry was instrumental in influencing the key local, regional, national and global constituencies to facilitate and act expeditiously for the approval to convert an abandoned submarine base and adjacent area at the Port of Marseille into the World-class data center campus it is today. That was an incredible achievement given the many levels of regulatory oversight. His vision for developing Marseille as a hub was driven by his passion to accelerate the pace of technology adoption in underdeveloped areas, such as Africa and the Middle East. Today, the Marseille digital park is in the center of the global subsea cable industry connecting over 5 billion users across Europe, Africa, the Middle East and Asia. Billions have been invested in Marseille over the last decade such that it now ranks #6 in the world in traffic from 44th place in 2013, with virtually all of that traffic connecting through the greatly expanded Marseille data center campus. The world is just beginning to experience the tremendous benefits of David’s vision and legacy.
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About Cofinity Group, Inc.
Cofinity Group has worked extensively with global data center operators since 2008, assisting these fast-growing businesses by arranging financing for organic growth and M&A transactions. We have extensive experience working with management teams to develop business cases and long-term plans for delivering profitable growth and establishing KPIs to track business performance. In addition, we have worked with client management teams to prepare investment analyses for over 100 data center builds and expansions across many continents. To learn more about Cofinity Group, please visit www.cofinitygroup.com or follow us on LinkedIn.
