BOSTON AND MILAN – Wasabi Technologies, the hot cloud storage company, and Retelit, Italy's leading B2B technology infrastructure provider, have formed a strategic partnership to expand cloud storage services in Italy. Retelit will provide Wasabi hot cloud storage as part of its core offering and Wasabi will be opening the first Italian storage region in Milan. This new region will be operational in the third quarter of 2024 and be deployed in Avalon 3, the newest green and hyperconnected data center in Retelit’s Avalon Campus. 

Wasabi is the fastest-growing pure play cloud storage vendor in the market today and has been rapidly expanding across Europe since 2019. Wasabi hot cloud storage provides businesses in Italy with the freedom to store and access their data at a cost up to 80% less than competitors and with no fees for egress so they can put their data to work exactly when and how they need to. Wasabi’s storage region in Milan is its fifth in Europe and 14^th overall. 

Retelit, the leading Italian telecom company entirely focused on B2B, chose Wasabi hot cloud storage to complete and strengthen its new cloud offering. Retelit Cloud platforms are certified by ACN (the Italian Cybersecurity Agency) and are fully based in Italy, supporting Italian companies to archive large amounts of data in a secure, ultra-fast and unalterable way.  

Retelit’s comprehensive suite of services already includes advanced network solutions, high-speed connectivity, and robust cybersecurity measures, ensuring that businesses have access to a seamless and secure digital infrastructure: by integrating Wasabi hot cloud storage into its existing cloud portfolio, Retelit enhances its ability to provide scalable, reliable, and cost-effective solutions that meet the diverse needs of customers. 

"Wasabi is on a mission to store the world’s data. As our business surged in Europe over the last few years, Italy emerged as the next logical expansion location based on demand,” said Mark Vella, vice president of business development, Wasabi Technologies. “By leveraging Retelit’s Avalon 3 data center in Milan, together with Retelit’s robust infrastructure, local expertise, and broad range of Italian enterprise customers, we can deliver unparalleled speed, reliability, and cost-efficiency in data storage to significantly advance Italy’s digital transformation.” 

“Retelit has a long-standing reputation for delivering cutting-edge technology solutions to businesses across Italy,” said Mimmo Zappi, Retelit CCO. "That’s why we are really proud that Wasabi chose our Avalon 3 datacenter in Milan to host its first-ever Italian storage region. At the same time our partnership with Wasabi strengthens our position as a leader in the technology infrastructure sector and enables us to provide our customers with a superior storage solution that is both cost-effective and high-performing. By enhancing our portfolio with Wasabi hot cloud storage, we are equipping businesses in Italy with a game-changing solution that delivers unmatched performance, scalability, and affordability for their organizations.” 

About Wasabi Technologies 
Recognized as one of the technology industry’s fastest growing companies, Wasabi is on a mission to store the world's data by making cloud storage affordable, predictable and secure. With Wasabi, visionary companies gain the freedom to use their data whenever they like without being hit with unpredictable fees or vendor lock-in. Instead, they’re free to build best-of-breed solutions with the industry’s fastest-growing ecosystem of independent cloud application partners. Customers and partners all over the world trust Wasabi to help them put their data to work so they can unlock their full potential. Visit wasabi.com to learn more. 

About Retelit Group 
Retelit is one of the leaders in Italy in the Telecommunications sector focused on the B2B market, with an offer that integrates infrastructures and digital solutions and with widespread coverage of the Italian territory. With a 25-year history, strong vertical competences, also enabled through an ecosystem of strategic partners, Retelit is the ideal partner for enterprises, the public administrations and operators who want to meet the challenges of innovation. Retelit offers a comprehensive range of ICT services, from infrastructure to data, networks to managed services. The combination of Retelit's proprietary assets (a capillary fiber optic network in Italy and around the world, a network of nationally distributed Data Centers, and international submarine cables) and its expertise in innovation and digital technology has created a unique player in Italy capable of supporting customers in their digital transformation journey. Retelit is 100% owned by Asterion Industrial Partners.