Digital infrastructure investment firm Digital Alpha Advisors says it has completed its purchase of Unitas Global's Connectivity Business. The company will operate as Unitas Global, leveraging its Unitas Nexus automated design and pricing platform and Unitas Reach global network. Financial terms of the deal were not disclosed.
The current management team of the Connectivity Business will remain in place. Digital Alpha says it will be open to “new partnership opportunities with other key portfolio investments and industry relationships.” Unitas Global offers automated edge access to the cloud. Its Unitas Nexus go-to-market platform is designed to analyze price and performance requirements in real-time for MSPs, hyperscale cloud providers, and data center operators worldwide. Unitas Reach offers access, IP, and SDN connectivity.
"The acquisition of Unitas Global's Connectivity Business assets is a further demonstration of Digital Alpha's commitment to digital infrastructure and the next generation of networking," stated Digital Alpha Managing Partner Rick Shrotri, a former head of the Global Infrastructure Funds (GIF) team at Cisco. "The global data networking marketplace offers a significant opportunity for companies with the vision and the capability to enable critical edge-to-everywhere services. We look forward to adding Unitas Global’s Connectivity Business assets to our portfolio and building on its already strong foundation."
"The disruptive nature of Unitas' twin-pillar strategy has become increasingly self-evident in the market. The team is ready to take on the next chapter, partnering with Digital Alpha and its portfolio companies, to become the market leader redefining agile connectivity solutions for the enterprise," added Patrick Shutt, CEO of Unitas Global.
Digital Alpha has $1.5 billion in total assets under management as well as a collaboration agreement with Cisco Systems, Inc. that gives Digital Alpha preferred access to Cisco commercial opportunities that require equity financing.
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