365 Data Centers says it has acquired Broadband One LLC, doing business as Host.net, a data center services provider in two southeast Florida markets. Host.net was sold to 365 Data Centers by Canadian private equity firm Novacap. Terms of the deal were not disclosed.
The acquired Host.net facilities are located in Boca Raton and Fort Lauderdale. With approximately 62,000 square feet of floor space, 8,000 square feet of business continuity space, 4.5 MW of power, and 330 miles of fiber, the new facilities will deliver direct connectivity to the NAP of the Americas in Miami with less than 1 msec of latency, 365 Data Centers asserts.
Host.net has supported more than 30 network PoPs on an owned national transit network with 330 peering partners. The new assets, combined with 365's Tampa data center, significantly improves the edge data center options statewide that 365 can offer.
365 Data Centers' footprint now expands into 10 markets, with data centers in Boca Raton, Buffalo, Chicago, Detroit, Fort Lauderdale, Indianapolis, Nashville, Philadelphia, New York, and Tampa that total a combined 195,000 square feet and 13 MW of power in place for customer service. According to 365 Data Centers, its data centers are SSAE 16, SOC 2, PCI, HIPPA, ISAE 3402, and VISA compliant.
365 Data Center's announcement follows the April acquisition by an investor group led by Chirisa Investments and including Lumerity Capital LLC and Longboat Advisors LLC (see "Investor group buys 365 Data Centers, eyes other targets"). At the time of that acquisition, the group said its goal was to change the predominantly colocation and connectivity platform business into a hybrid data center services provider, meeting the demands of both its existing carrier, content, and cloud customer base, and its enterprise customers.
"This follow-on acquisition, within just 6 months of purchasing the 365 Data Centers platform, provides significant financial scale for 365 and accelerates our strategy of broadening the company's customer and services base with more than 500 enterprise customers and a portfolio of scalable, retail and wholesale Network, IP blend, remote disaster recovery as a service, virtual cloud compute and storage, and Business Continuity product offerings," said Bob DeSantis, 365 Data Centers' chief executive officer.
Joining 365 Data Centers as vice president and chief administrative officer, Host.net's CEO Jason Katz will report to DeSantis. 365 Data Centers says Katz will continue as the company's point of contact for customers, vendors, and other relationship partners in the Boca Raton and Fort Lauderdale markets. He will also partner in the network rollout, IP, DRaaS, and cloud service offerings, and manageall administrative function integration.
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