Hosting and colocation provider CentriLogic is continuing an aggressive acquisition strategy with the purchase of Adveniat Corporation, a data center and hosting provider based in the US Virgin Islands, a territory in the Caribbean Sea often used as a tax haven.
Adveniat represents CentriLogic’s third acquisition in the past 18 months, and brings CentriLogic’s total data center holdings to nine. These facilities are spread across seven markets throughout Canada, the US, the UK, Hong Kong, and, now, the USVI.
The USVI has certain income tax liability rules that often result in much lower taxes, which makes it an appealing business location for e-commerce companies such as client JetPay.
The USVI is also a critical telecommunications hub with undersea cable connections that pass data between South America, Central America, and the Caribbean to North America and Europe. According to data from TeleGeography, a number of undersea cables pass through USVI, including the Global Caribbean Network (GCN), the Mid-Atlantic Crossing (MAC), the Pan American (PAN-AM), the Perseid, and the South American Crossing (SAC).
While hosting infrastructure in nearby Puerto Rico might be an option in some instances, Adveniat stands out as a dominant hosting provider in USVI with its Tier 1 facility with N+2 redundancy and access to the world’s largest single concentration of unused internet bandwidth.
With the acquisition of Adveniat, CentriLogic will also be better positioned to serve customers throughout the Caribbean and Southern Hemisphere, and give customers direct interconnectivity between USVI and existing CentriLogic facilities.
The Adveniat facility will continue to be the exclusive provider of managed hosting services to the University of the Virgin Islands Research and Technology Park (known as “RTPark”), which is a major contract.
“By acquiring Adveniat we have established CentriLogic as the RTPark’s premier independent gateway and hosting provider, and we are now the first carrier-neutral managed hosting provider in the USVI,” CentriLogic president and CEO Robert Offley said in a statement.
“With a state-of-the-art data center and fiber connectivity in the USVI, we can now directly support customers who are looking for both reliable managed hosting solutions and significant income tax savings.”