Rogers Buying 2 More Data Center Outfits

Rogers Communications (NYSE:RCI) is acquiring Pivot Data Centres for $155 million cash, and Granite Networks for $6.25 million cash. The two acquisitions, combined with the acquisition of BLACKIRON Data earlier this year, are intended to position Rogers Business Solutions (RBS) as a leader in data center and hosting services. Together, the two new acquisitions generate annualized revenues of approximately $30 million.With the new acquisitions, BLACKIRON Data, part of Rogers Business Solutions, will own and operate data centers in Ottawa, Toronto, Edmonton and Calgary. All are designed to meet Uptime Institute's Tier III standards.