What Store Speed does

Store Speed AS is a Norwegian colocation data center operator headquartered in Gamle Fredrikstad and operating the DC01 Halden facility in Halden, Norway. The facility provides 500 m2 of operating white space with 250 kW of immediately available capacity for densities up to 10 kW per rack and prepared near-term capacity of 500 kW for high-density racks up to 50 kW. Infrastructure includes 2N and N+1 power configurations with UPS and dual generator backup, chilled water cooling with redundancy, gas fire protection with aspiration early warning, carrier-neutral fiber with meet-me rooms, and 24/7 card-access security with man-trap entry. The company holds ISO 9001, ISO 14001, and ISO 27001:2023 certifications and claims a 99.99999% uptime record under Storespeed leadership over a 20+ year operating track record. Network position is ~5 ms to Oslo and ~25 ms to FLAP-D (Frankfurt, London, Amsterdam, Paris, Dublin).

The business sells wholesale and retail colocation capacity on multi-year contracts priced by capacity block (250 kW and 500 kW) under quote-based pricing. GTM is hybrid: direct sales to enterprise technology platforms and Norwegian organizations requiring digital sovereignty, and a channel motion through MSPs and IT service providers that resell capacity to their own clients. The customer base spans international tech platforms (Acronis is publicly named), MSPs/IT service providers, and Norwegian entities with data residency needs; pricing is not publicly disclosed. The facility runs on a 95%+ renewable energy mix with 100% renewables available on request via green certificates, supporting low opex and a sustainability-led buyer pitch.

Store Speed is majority-owned by Magnora ASA (OSL: MGN), a publicly listed renewable energy firm. In 2026 Magnora listed its data center division, Magnora Data Center ASA, on Euronext Growth Oslo raising NOK 650 million and retaining a 52.7% stake. Blix Solutions is also a strategic investor. Magnora's portfolio references projects across Norway, Sweden, Finland, Italy, and South Africa, positioning Store Speed's Halden asset as the operational anchor within a broader Nordic/European data center buildout. The company itself reports 1–10 employees.

Name

Store Speed

Legal name

Storespeed AS

Website

https://www.storespeed.no/

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

Store Speed is a Norwegian colocation data center operator running the DC01 Halden facility with 500 m2 of white space and up to 500 kW of capacity, serving MSPs, international tech platforms, and Norwegian organizations requiring digital sovereignty, under majority owner Magnora ASA.

Ownership category

akta.pro rank

Product category

Data Center Colocation Services

akta.pro primary industry

Retail Colocation (Multi-Tenant Data Centers) (HDABACAA)

akta.pro secondary industry

Wholesale Colocation (Powered Shells / Suites) (HDABACAB)

Keywords

• Nordic colocation services
• Data center capacity
• Wholesale colocation
• Digital sovereignty hosting
• Renewable data center

Headquarters

HQ city

Fredrikstad

HQ country

Norway

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Colocation Services: Wholesale and retail colocation services providing Nordic data center capacity with power, cooling, connectivity, and physical security. Customers deploy IT infrastructure in the DC01 Halden facility with tiered capacity options.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Store Speed operates a Nordic colocation data center facility (DC01 Halden) in Norway, providing wholesale and retail colocation capacity with redundant power, 2N cooling, carrier-neutral connectivity, and 24/7 physical security. The facility offers 250 kW of immediately deployable capacity for racks under 10 kW and 500 kW of near-term capacity for high-density racks up to 50 kW, targeted at MSPs, international tech platforms, and Norwegian organizations requiring digital sovereignty.

Product overview

Store Speed operates as a Nordic data center colocation provider offering a unified service portfolio anchored by its DC01 Halden facility in Norway. The company provides colocation capacity with redundant power supplies, 2N cooling capacity, carrier-neutral connectivity, and 99.99999% uptime. Services are designed for MSPs and IT service providers, international tech platforms seeking Nordic point-of-presence, and Norwegian organizations with digital sovereignty requirements.

Differentiator

Problem solved

Functional benefit

Products and services

• Nordic Colocation Services
• DC01 Halden Facility

Quantifiable outcome

• 99.99999% uptime over 20+ years of operations
• +3 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Regional players

• Azcend / Norwegian Datacenter Group: Norway-focused consortium of data center sites. Comparable Nordic positioning but offers a multi-site portfolio approach versus Store Speed's single DC01 Halden site.
• RISE Datacenters: Swedish sustainability-focused colocation operator. Competes with Store Speed for European customers seeking renewable-powered Nordic capacity, but anchored in a different country.

Direct peers

• DigiPlex (EdgeConneX): Nordic colocation specialist acquired by EdgeConneX, operating sites in Norway, Sweden, Denmark. Directly competes with Store Speed for sustainable Nordic colocation deals with strong MSP and platform customer bases.
• Bulk Infrastructure: Norway-headquartered data center provider operating colocation sites (including N01 Oslo) and dark fiber networks. Comparable Nordic digital-sovereignty positioning and similar MSP/enterprise target customers.
• atNorth: Nordic and colocation operator with sites in Norway, Sweden, Iceland, and Finland. Competes for the same high-density, sustainable colocation workloads and serves similar European tech platform customers.
• Lefdal Mine Datacenter: Norwegian colocation facility built in a converted mine, focusing on cool-climate efficiency and high-density racks. Directly comparable business model and customer segments to Store Speed's DC01 Halden.
• Green Mountain: Norwegian colocation operator with multiple sites emphasizing renewable hydropower and ultra-low PUE. Directly competes with Store Speed for Nordic sovereign, renewable-powered colocation contracts across enterprise and MSP segments.

Broad incumbents

• Equinix: Global colocation leader with Nordic IBX facilities in Oslo, Stockholm, Helsinki. Provides broader interconnection ecosystem but overlaps with Store Speed on enterprise and platform colocation workloads in Norway.
• Digital Realty: Global hyperscale and retail colocation provider with Nordic presence. Overlaps with Store Speed for enterprise colocation needs but at significantly larger scale and broader portfolio.
• Tesla Cloud / Stack Infrastructure: Large-scale data center developer with European ambitions serving hyperscale and AI workloads. Adjacent to Store Speed's high-density value proposition but at a vastly different scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Store Speed