Verb
To locate or be located at the same site, for two things or groups, military units, etc.
To locate hardware within another company’s facilities.
To be in two places at once.
Source: en.wiktionary.orgThe decision was made to co-locate Cobar’s new multipurpose health service with the Lilliane Brady Village (LBV) at a public meeting held in Cobar in December 2015. Source: Internet
The company will also move its London office to “co-locate” with DeBeers, its majority-owned diamonds business by 2017. Source: Internet