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Verb: co-locate
  1. Locate or be located at the same site
    "The company decided to co-locate its research and development teams to improve collaboration"
     
  2. Locate computer hardware etc. at a third-party site with access to efficient shared network resources
    "Many businesses choose to co-locate their servers in professional data centres"

Derived forms: co-located, co-locates, co-locating

Encyclopedia: Co-locate