Thor Data Center owner and leading IT company acquires Valitor as client

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Advania, the leading Information Technology (IT) company and owner of Thor Data Center, recently acquired the Iceland-based cross-border acquiring service, Valitor, as a client. 

Following the signing of the contract, Advania will now be providing hosting, networking, hardware, and security solutions for Valitor’s information system. In addition, the agreement also stipulates, amongst other things, the doubling of Valitor’s internal network capabilities, as well as hosting at Advania’s secure data center, Thor Data Center, through a high-speed connection. 

Viðar Þorkelsson, CEO of Valitor, said, “Doubling Valitor’s network is one of the biggest investments that any Icelandic financial company has taken in long time when it comes to the security of information. With this in mind, it was important that we engaged in close cooperation with reliable partners and Advania is a leader in this market. This will now enable us to concentrate on the core of Valitor – the development of payment solutions and related services.”

Gestur G. Gestsson, CEO of Advania, commented, “The agreement with Valitor is a great example of how our customers appreciate the developments we are making in the areas of hosting and networks. Valitor is a progressive company and a demanding customer, and has great ambition with this project. We offer a high level of safety and undisrupted uptime all year around, and the recent purchasing of the data center is part of Advania’s future vision.”

Valitor’s information will be stored at Advania’s data center, Thor Data Center, which operates just outside of Iceland’s capital, Reykjavík. The data center secures 3.2 megawatts of electricity for daily operations but has the capability of receiving up to 17 megawatts of electricity or more if necessary. 

Advania covers all aspects of information technology, offering its customers integrated services in software, consulting, hardware, IT operations and hosting. The company’s operations are certified according to international quality and security standards ISO 9001 and ISO 27001.