365 Data Centers, a leading provider of network-centric colocation and other Infrastructure-as-a-Service (IaaS) solutions, is acquiring Atlantic Metro Communications, which provides tailored colocation, network, and cloud services to large and mid-size enterprises.
While continuing to build 365’s presence in the data-intensive northeast corridor, the transaction solidifies 365’s position as one of the largest, privately held IaaS providers in the Eastern U.S.
The acquisition adds a data center facility in Herndon, Virginia, along with partner operated colocation space and available power in northern Virginia and Los Angeles.
The transaction delivers 65 additional network points-of-presence (PoPs), particularly in the Boston, New York, New Jersey, Philadelphia and Virginia metro markets and several international locations.
The deal also contributes cloud platforms in New York, New Jersey, Virginia, Miami and Los Angeles. 365 is now positioned to serve customers at its 13 redundantly interconnected data centers and 5 additional partner operated facilities, and from 86 PoPs and 7 cloud platform locations.
“This transaction is a milestone event for both companies,” says Bob DeSantis, chief executive officer of 365 Data Centers. “365’s acquisition of a highly respected business with a track record of providing customers with high touch, hybrid infrastructure solutions is a tribute to Atlantic Metro’s management and employees, who will become part of the 365 team.”
Atlantic Metro’s founders and key leaders will join the 365 executive team, reporting to DeSantis. Stephen Klenert has been named 365’s Senior Vice President, customer solutions and implementation; James Cornman becomes 365’s chief technology officer; and Steve Oakie joins 365 as senior vice president, sales & marketing.
The Atlantic Metro acquisition continues 365’s rapid growth trend. Over the last year, the company acquired colocation businesses and facilities in New Jersey and Long Island.
Last month, 365 announced that Stonecourt Capital acquired a majority stake in the company and original investors Lumerity Capital and Longboat Advisors reinvested into the new partnership. That transaction provided 365 with substantial financial resources to fund its internal and external growth strategies.
For more information about this news, visit www.365datacenters.com.