December 18, 2018
The acquisition seeks to strengthen DataBank’s co-location, connectivity and managed services prowess, in a bid to expand their national footprint.
U.S.-based data center company DataBank have acquired Indiana based competitor LightBound for an undisclosed amount. With this acquisition deal, DataBank seeks to fortify their co-location, managed service and connectivity capabilities in a bid to expand their product portfolio and expand their footprint across the U.S.
With the rise of cloud-based services, DataBank say that data centers have become a prime asset for enterprises of all shapes and sizes. They say that from security to connectivity, data centers in the U.S. market provide enterprises with services customized for each and every enterprise.
In order to differentiate from most data centers in the market, DataBank say that they chose LightBound over others because of their unique combination that provides connectivity, managed security and co-location services. By acquiring LightBound, DataBank claim that they will be able to take a customer-centric approach when it comes to facilitating data center services.
The LightBound acquisition, DataBank claim, has added two Indiana-based data centers to their portfolio with a space totaling 73,000 sq.feet. They say that these assets, built with state-of-the-art technology, will provide 9.5 MW of power to enterprises.
Jack Carr, CEO of LightBound claims, that their managed services coupled with a customer-centric approach will allow DataBank to entice a large number of customers across the Indiana belt. He says that this data center acquisition will provide services to a wide range of customers coming from healthcare, finance, government as well as telecommunication sectors.
In closing, DataBank said that their total data center tally comes to 17 across 9 U.S. markets. It will be interesting to see how the U.S. market reacts to this change, following Google’s data center expansion in Nevada.