Aug 4, 2006 : Peak 10 Acquires Data Center

📅 August 4, 2006 - Data center operator and managed services provider Peak 10 (peak10.com -> flexential.com) announced on Friday it has acquired RenTech, a Nashville, Tennessee-based data center operator and outsourcing firm for information technology services. This acquisition will mark Peak 10's eighth data center. The terms of the acquisition were not disclosed.

RenTech provides managed colocation, enterprise and Web hosting, redundant connectivity and a wide range of managed services from its enterprise-class data center in the Nashville, Tennessee metropolitan area. The company has a reputation for partnering with its clients to provide solutions that achieve success through innovation, communication and successful collaboration. RenTech's customers include Rivals.com, Bondware, IASIS Healthcare, Country Wired and Resource Communications Group.

Peak 10 says that this acquisition enhances its position as an industry leader with a large and growing customer-base, geographic diversity and a comprehensive portfolio of products and managed services.

"This is a strategically significant move for Peak 10, as we continue to scale our business through financially sound acquisitions, aggressive facility expansions and consistent organic growth," says David Jones, president and CEO of Peak 10. "With this acquisition, we merge the knowledge and expertise of two entrepreneurial organizations and move forward with a strong commitment to the Nashville market, focusing on growth and exceeding customer expectations. The acquisition also adds further depth to our growing disaster recovery, business continuity and IT compliance solutions and strengthens our services capability."

Peak 10 also recently announced the opening of its second data center at its headquarter location in Charlotte, North Carolina.

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Company: Peak 10 [peak10.com -> flexential.com]

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