November 20, 2006 — (WEB HOST INDUSTRY REVIEW) — Data center operator AboveNet (abovenet.com) announced on Thursday it had completed the sale of its San Jose, California data center to managed hosting and security services provider DataPipe (datapipe.com).
AboveNet says it has developed a comprehensive transition plan for the facility that is designed to ensure that customers experience no interruption in service and have continuity in both operational and administrative processes.
“DataPipe has earned a reputation for immediate, personal customer service and operational excellence. Our customers will have two experienced companies working together to meet their needs, says Bill LaPerch, president and CEO of AboveNet. “Customers will continue to work with AboveNet to meet their networking requirements for private optical networks and IP services. In addition, DataPipe will offer its comprehensive suite of managed services including security services, application administration and disaster recovery. From a strategic perspective, this transaction is consistent with the continuing evolution of AboveNet as a company with a laser focus on fiber-based connectivity solutions.”
The Bank Street Group served as exclusive financial advisor to AboveNet in connection with this transaction.
