NTT Com to buy remaining shares of RagingWire

RagingWire Data Centers, Inc. and its parent company NTT Communications, the information and communications technology (ICT) solutions and international communications business within the NTT Group, said that NTT Com has opted to purchase the remaining shares of the data center provider, and acquire 100% ownership of the company.

RagingWire Data Centers, Inc. and its parent company NTT Communications (NTT Com), the information and communications technology (ICT) solutions and international communications business within the NTT Group (TO: 9432), said that NTT Com has opted to purchase the remaining shares of the data center provider, and acquire 100% ownership of the company. According to RagingWire, NTT Com made the provider its American data centerplatform for NTT Com's data center business in the U.S., Canada, Latin America, and South America as part of this investment, under the global Nexcenter brand.

Founded in 2000, RagingWire presently has 1.5 million square feet of data center space with 113 MW's of power in the U.S. Its latest designs deliver flexible, efficient power and cooling options, global telecommunications, and cloud connectivity, and are being deployed in mega-campuses in major U.S. data center markets, says the company. RagingWire has brought online 60 MWs of capacity at its Ashburn VA2 and VA3 data centers (see "Lumos Networks connects with RagingWire Ashburn data center campus"), the Dallas TX1 data center, and the Sacramento CA3 data center with the financial backing of NTT Com.

RagingWire joins the NTT Com family of data center companies, which includes Netmagic Solutions Pvt. Ltd. in India, Gyron Internet Ltd. and e-shelter facility services GmbH in Europe, as well as NTT Com's Asian data center portfolio. NTT Com, which has more than 140 facilities in over 20 countries and regions, now has a 4,000,000 square foot data center platform worldwide with the addition of RagingWire, says the provider.

"By joining NTT Communications, RagingWire became a global company with access to NTT's financial strength, global data centers, and world-class information and communications technology (ICT) solutions," said Douglas Adams, RagingWire's CEO and president. "Thanks to the support we have received from NTT Com, RagingWire is uniquely positioned to meet the data center needs of large enterprises and hyperscale cloud companies that require available data center capacity in the top U.S. and international markets."

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