peak 10, Inc., a Southeast’s data center and managed services
provider, today announced the acquisition of Xodiax, a
Louisville–based provider of managed services, collocation, hosting
“peak 10’s acquisition of Xodiax expands our
footprint to five cities and adds a very attractive and strategically
valuable franchise to our business,” said Kevin Brandon, partner with
The acquisition creates a company with the
highest levels of customer service and technical expertise, geographic
diversity and financial strength. peak 10 moves forward with
unparalleled market depth and breadth and a comprehensive portfolio of
products and managed services. The terms of the acquisition were not
The acquisition increases peak 10’s geographic
footprint and market presence in the Southeast. The company will now
own and operate five enterprise-class data centers in five key markets,
which deliver the highest standard of services, infrastructure,
security and performance to small, medium and large businesses in its
local markets, regionally and nationwide.
“The Xodiax team is
a seamless fit with peak 10 and will match our culture and history of
solid, consistent growth,” said David Jones, president and chief
executive officer of peak 10.
“The combination of these two
growing and profitable companies creates significant value for
customers, employees and investors,” said Jim Clishem, founder and
chairman of Xodiax.
Xodiax was founded in 1999 as an outsourcing
firm for information technology services and was recently ranked 85 in
Inc magazine’s list of the ÃƒÂ¢Ã¢â€šÂ¬Ã‹Å“500 Fast Growing Companies.’ Under the
terms of the agreement Xodiax will operate as Xodiax, a peak 10
“The employees and management team of Xodiax mesh
extremely well with peak 10,” said Don Esterle, president and chief
executive officer of Xodiax. “Our operating philosophies and values
are comparable and we both place a high priority on customer service as
well as operating efficiently and responsibly.”
peak 10 is the
Southeast’s leading data center services provider offering a full range
of hosting, storage, security and business continuity solutions.
Customers such as Pergo, RDU Airport, Global Knowledge, LendingTree,
Maximum ASP, Siemens and The Jacksonville Jaguars rely on peak 10 to
keep business critical applications up and running around-the-clock.