Hoboken, New Jersey – (The Hosting News) – December 1, 2006 – Managed hosting and security services company, DataPipe, has acquired the San Jose Data Center of AboveNet, Inc., through a comprehensive transition plan for the facility that is designed to ensure that customers experience no interruption in service and have continuity in both operational and administrative processes.
Robb Allen, Founder and CEO of DataPipe remarked, ”We’re very pleased to acquire this data center in the heart of Silicon Valley. This is truly a world class facility and is home to 5 of the 15 most visited websites in the world. We are experiencing rapid growth in all areas of our business. The addition of the San Jose data center and our recently acquired data center in New Jersey will facilitate our ability to meet the demands of our clients for true TIER 4 infrastructure to support their mission critical business applications.”
DH Capital, LLC served as exclusive financial advisor to DataPipe in connection with the transaction.
DataPipe has been in the managed services business since 1998, providing management of servers and applications, with predictable costs, reliable results and guaranteed service levels. DataPipe helps companies realize technology assets, enhancing ROI by enabling IT resources on demand extension. DataPipe’s Managed Security Services start with a comprehensive assessment of business security requirements, to protect hosted architectures.
To learn more, please visit: www.datapipe.com.