TelecityRedbus Closes Globix UK Deal
September 7, 2006 — (WEB HOST INDUSTRY REVIEW) — TelecityRedbus (telecityredbus.com) announced on Thursday it has completed its $62 million acquisition of Globix’s (globix.com) UK subsidiary. The merger, says TelecityRedbus have created one of Europe’s most advanced data center networks, providing businesses with over 550,000 square feet of high-tech hosting infrastructure in 19 fully fitted data centers, across seven European countries.
The acquisition also includes Globix’s Internet network infrastructure, providing high-speed links to the major European business hubs of Paris, Frankfurt and Madrid. Globix also offers a portfolio of managed services including managed hosting, disaster recovery, network security and application management.
“The acquisition of Globix UK puts TelecityRedbus in an unrivaled position,” says Mike Tobin, CEO of TelecityRedbus. “We are now able to provide new and existing customers with the most advanced data center services in Europe. Globix has a significant presence in the market, and we have combined the strengths of Globix’s infrastructure and employees with our own business to ensure that our customers are able to take full advantage of the burgeoning Internet market.”
The facilities, says the company, deliver a comprehensive portfolio of managed data center services to more than 2,000 customers, enabling rapid delivery of its new products and service solutions. The integration of the two businesses will begin immediately and will be completed towards the end of the year.
In an interview with theWHIR last week, Tobin described the leadership position occupied by TelecityRedbus following the acquisition.
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