Contact Information: Press Contacts: Data393 Marc Lumpkin 303-378-2366
Data393 Acquired by Managed Data Holdings
Managed Data Holdings Acquires Data Center Operations in Denver Market, Extending Presence as a Leading Provider of Managed Information Technologies
| Source: Data393
ENGLEWOOD, CO--(Marketwire - January 2, 2008) - Managed Data Holdings, an operator of
state-of-the-art data centers, announced today that is has acquired
Data393, a leading provider of managed hosting, colocation and IT
infrastructure located in the Denver Tech Center.
"As the demand for IT infrastructure service continues to grow, our search
for a buyer with sufficient capital and industry experience to continue
Data393's long term growth strategy and data center expansion led us to
select Managed Data Holdings," said Lee Woodward, CEO and President of
Data393. "This transaction will allow Data393 to continue its rapid growth
and bring additional data center capacity online in early 2008."
"Managed Data Holdings is pleased to add Data393 to our growing base of
SAS70 Type II data centers," said Peter Stevenson, Chief Executive Officer
of Managed Data Holdings. "We are focused on delivering the services that
small to medium-sized businesses and enterprise customers need through our
network of data centers, and Data393's proven ability to provide those
services made it a perfect fit. We believe that moving forward immediately
with the expansion of available high density, raised-floor capacity at
Data393 and offering customers diverse, multi-site solutions are important
additions to an already excellent brand in the marketplace."
As part of the acquisition, Brett Jones has been named General Manager of
Data393, and Managed Data Holdings expects to operate the business under
the Data393 brand name. Jones has over 15 years of successful experience in
the sales and operations of colocation and managed services businesses.
"Data393 has experienced phenomenal growth in 2007 and we anticipate that
will continue into 2008," said Brett Jones, General Manager of Data393.
"Managed Data Holdings is committed to maintaining the innovative, robust
services and outstanding customer service that have allowed Data393 to
become a market leader in the Rocky Mountain region, and our ability to now
offer customers multi-data center products such as data replication and
disaster recovery services should provide added value."
In addition to Data393, Managed Data Holdings operates Intelenet
Communications (Intelenet.net) in Irvine, Calif., and, together with
Data393, currently has combined high density, raised-floor capacity in
excess of 60,000 square feet, Tier 1 carrier connectivity and a full suite
of managed hosting and managed services.
About Managed Data Holdings
Managed Data Holdings (MDH) was founded in June 2007 by three highly
experienced industry executives in conjunction with Great Hill Partners and
Catalyst Investors. MDH's strategy is aimed at operation of
state-of-the-art data centers across Tier I and Tier II markets in the U.S.
to meet the increasing demand for managed hosting, managed services,
colocation space and disaster recovery services required by small and
medium size business customers or divisions of large enterprises. The
company's data centers, which are located in Orange County, Calif., and
Denver, Colo., are SAS70 Type II compliant and are designed to accommodate
the changing power density and cooling needs of the colocation market while
maintaining consistent high levels of customer service and support. An
integral part of MDH's services portfolio is the technical ability to
deliver managed security services, managed storage services, managed load
balancing and remote hands services in conjunction with colocation
services.
About Data393
Located in the Inverness Business Park in southeast Denver, Data393 offers
highly reliable colocation, managed hosting, connectivity and managed
infrastructure services featuring Cisco, Microsoft, Red Hat, EMC and
Compellent technologies from a SAS 70 Type II facility. Visit
http://www.Data393.com or call 800-260-4843.