This week, DataBank, the North American data center solutions provider has signed an agreement to acquire C7 Data Centers based in Salt Lake City. C7 currently operates three data centers in the region including the primary carrier hotel in downtown Salt Lake City, and claims to have a large established customer base of enterprise, carriers, content providers, and cloud services providers.
DataBank says that the acquisition complements its existing portfolio in Minneapolis, Kansas City, and Dallas, and is an attractive expansion market for its existing customers. The market in Salt Lake City has experienced significant growth as a data center destination for west coast enterprises due to its network density and favorable business environment.
Timothy Moore, CEO of DataBank said:
Entering a new strategic market like Salt Lake City represents a huge milestone for the company.
C7 has a strong reputation and is one of the leading providers of data center and IT services in the region. The C7 strategy, interconnection density, and client base is similar to ours; we see this as a natural extension of DataBank’s vision that will help us with our customers as they continue to expand.
The company added that the acquisition represents its first investment in the western United States and that it positions DataBank as the leading provider in the Salt Lake City market with significant room for future expansion to support growth.
Wes Swenson, CEO, C7 Data Centers said:
DataBank is a great fit for this market. It was immediately apparent how they would benefit our existing client base.
The combination of new markets and expertise will add incremental capabilities and expand our geographic service offerings.