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BOSTON – Iron Mountain Incorporated (NYSE: IRM), the global leader in storage and information management services, today announced it has entered into a definitive agreement to acquire the U.S. operations of IO Data Centers LLC, a leading colocation data center services provider based in Phoenix, Arizona, for $1.315 billion plus up to $60 million based on future performance and subject to customary adjustments. With the transaction, Iron Mountain will acquire the land and buildings associated with four state-of-the-art data centers in Phoenix and Scottsdale, Arizona; Edison, New Jersey; and Columbus, Ohio. The existing data center space in the four owned facilities totals 728,000 square feet, providing 62 megawatts (MW) of capacity with expansion potential of an additional 77 MW in Arizona and New Jersey.

This agreement follows the acquisition of FORTRUST data center on September 1, 2017 and the announcement of Iron Mountain’s international data center expansion through the planned acquisition of two Credit Suisse data centers in the London and Singapore markets. Upon closing of the Credit Suisse and IO transactions in early 2018, Iron Mountain’s data center portfolio will total more than 90 MW of existing capacity, with an additional 26 MW of capacity currently under construction and planned and future expansion potential of another 135 MW.


“We continue to experience strong demand and growth in our data center business, with a focus on establishing a presence in the largest global markets for colocation and enterprise customers. Our strategy includes organic expansion within our existing footprint, greenfield development in the largest U.S. markets such as our newly opened campus in Northern Virginia, and targeted acquisitions of properties with customer profiles that closely mirror our own,” said Iron Mountain President and CEO William L. Meaney.

“This transformative transaction is closely aligned with our strategy and we expect it to accelerate our growth profile by bringing our data center business to approximately 7% of total revenue and approximately 10% of Adjusted EBITDA by 2020 – significantly exceeding our initial goal – while enhancing business diversity and the margin profile of the company,” Meaney added. “We believe we can add significant value to IO’s U.S. operations by leveraging our strong brand that is synonymous with security and trust, and our relationships with more than 30,000 North American data management customers.

“The addition of IO’s data centers enhances our geographic diversification and provides market-leading exposure to Phoenix, the fourth fastest market for absorption in the U.S. in 2017, and the 12th largest data center market globally. Colocation and cloud providers have made significant investments in Phoenix in the past few years, as it boasts diverse energy sources and relatively inexpensive green power, as well as an attractive business environment,” said Mark Kidd, Senior Vice President and General Manager, Iron Mountain Data Centers. “Importantly, this transaction also enhances our ability to support the needs of the largest cloud providers through new development with expansion capacity in Phoenix as well as New Jersey, another attractive market due to its proximity to the New York metro area.”

“Additionally, IO brings a diversified roster of more than 550 customers that includes blue chip financial services, aerospace, federal government and technology companies among its Top 10, with no single customer representing more than 10% of total revenue. Its strong enterprise and cloud customer base is complementary to that of our existing data center business, and more than 40% of IO’s customers are also customers in our core records and data management businesses,” Kidd said.

“I am incredibly proud of the team at IO and the extraordinary company they have built since our founding in 2007,” said George D. Slessman, founder and CEO of IO. “We are pleased to enter into an agreement with Iron Mountain and excited by the potential this transaction represents. Iron Mountain’s deep customer relationships, global scale and excellent access to capital markets, combined with IO’s strong presence in the high-growth data center industry will provide attractive opportunities for our employees and a broader, more geographically diverse platform of facilities and services for our customers. We know Iron Mountain shares our commitment to the highest levels of customer service, security and operational quality, and we are confident our customers will be in good hands.”

The transaction is anticipated to close in January 2018, subject to satisfaction of customary closing conditions. The total consideration of $1.315 billion, which does not include up to $60 million of potential additional payments, represents a multiple of 15x synergized 2018 EBITDA, post integration. While data center acquisitions of this magnitude were not part of the company’s previously disclosed 2020 plan, the company expects the transaction to accelerate its revenue and Adjusted EBITDA growth. Following this transaction and anticipated financing, the company remains on track to reduce its lease adjusted leverage ratio to approximately 5x, and lower its dividend payout as a percentage of Adjusted Funds From Operations to 70-75%, assuming annual dividend per share growth of approximately 4%, all of which are consistent with its 2020 plan.

The acquisition is expected to be modestly accretive to AFFO in 2019. The company will provide specifics of the impact of the transaction on 2018 full-year expectations when it provides guidance for next year on its fourth quarter/year-end reporting conference call in February 2018.

About Iron Mountain
Iron Mountain Incorporated (NYSE: IRM) is the global leader for storage and information management services. Trusted by more than 230,000 organizations around the world, Iron Mountain boasts a real estate network of more than 85 million square feet across more than 1,400 facilities in 53 countries dedicated to protecting and preserving what matters most for its customers. Iron Mountain’s solutions portfolio includes records management, data management, cloud services, document management, data centers, art storage and logistics, and secure shredding to help organizations to lower storage costs, comply with regulations, recover from disaster, and better use their information. Founded in 1951, Iron Mountain stores and protects billions of information assets, including critical business documents, electronic information, medical data and cultural and historical artifacts. Visit www.ironmountain.com for more information.

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DUBLIN – Host in Ireland, a strategic global initiative created to increase awareness of the benefits of hosting digital assets in Ireland, and winner of the Datacloud Europe 2016 award for Innovative Data Center Location, today announces the release of a new report, “Ireland’s Data Hosting Industry 2017.” The research study, created in collaboration with Bitpower and partly-funded by the Sustainable Energy Authority of Ireland (SEAI), examines the opportunities and challenges associated with the digital asset hosting industry in Ireland.

The report also attempts to establish a baseline of the size, by category and sustainability, of Ireland’s data centre industry, addressing the scale of energy in use, requested and predicted over the period from 2017 to 2024. In 2016, the total energy use for all operational data centres in Ireland was estimated to be 1.40 TWh. Ireland’s total electricity use in 2016 was 27.6 TWh. By way of illustration, the world’s data centres used 416.2 TWh in 2016, of which Ireland’s data centre energy use represented 0.34 percent of the industry total. By analysing the different types of data centres, and documenting the energy efficiency and best practices in data centre design and operations, the report will act as a useful reference for policymakers when looking to provide context to the growing global requirement for data centres, as a “Connected Planet” becomes a reality.


“Data has a much higher economic value than the energy that powers it, and all stakeholders should recognise this when trying to evaluate the sustainability of the data centre industry in Ireland,” comments David McAuley, Founder and CEO, Bitpower, and Host in Ireland Advisory Council member. “As ‘Ireland’s Data Hosting Industry 2017’ report indicates, collaboration between data centre operators, state utilities and agencies, and renewable energy developers will be key to maintaining Ireland’s position as a Tier 1 global location for hosting and participating in the next wave of growth.”

To download a copy of “Ireland’s Data Hosting Industry 2017” report, click here: http://hostinireland.com/resources/irelands-data-hosting-industry-2017-report

About Host in Ireland
Host in Ireland, winner of the Datacloud Europe 2016 award for Innovative Data Center Location, is an industry-led marketing initiative that provides timely and accurate information about Ireland’s digital asset hosting ecosystem at all times including demonstrating why Ireland is more cost-effective, efficient, reliable, secure and accessible than most other regions across the EU. There’s a reason companies like Microsoft, Zendesk, Facebook, Twitter, Amazon, Adobe and beyond have sought to host their solutions in as well as to/from Ireland. Many of these reasons are immediately realized due to access to affordable power, redundant network and bandwidth capacity along with a variety of data center providers that offer an array of services sustained by the “5 Ps”: Policy, People, Pedigree, Pipes, and Power. On top of that is a very attractive business management structure, implemented by Ireland, which is keenly interested to bring new businesses into the market. Ireland supports this initiative through its pro-business approach, attractive corporate tax and fiscal structures, common law based legal system, continued investment in off-Island fiber cables to the U.S. and Europe, financial support for data centre energy efficiency, and access to a skilled native English-speaking workforce – ensuring data asset compliance for companies large and small. For more information about Host in Ireland, visit www.hostinireland.com.

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HOUSTON, TEXAS – Through the opening of a new IDC (data center) in Nuremberg, Cloudbric will be extending its website security and WAF service to Germany and Central Europe in a strategic partnership with Trendhosting, a major player in the hosting sector in the region.

While the repercussions of recent cyberattacks are felt across European countries, many businesses either lack the time, personnel, or resources to effectively take actions to prevent cybersecurity incidents from occurring. In Germany, the digital association Bitkom reported that close to 70% of companies were subject to cybercrimes such as data theft over the past two years. This has propelled the need for an accessible, reliable, preventive security solution.


Among the current cybersecurity offerings in the market, WAFs offer the necessary protection that companies need to thwart common cyberattacks and protect against the theft of data. The partnership between Cloudbric and Trendhosting will connect German users to Cloudbric and to those in Central Europe, allowing for more convenient and affordable access to Cloudbric’s website security services, including its award-winning WAF for websites.

Cyber threats are a huge concern for online businesses, so organizations specifically look for security solutions with the ability and effectiveness to combat modern threats, and in Central Europe these solutions will be critical in combating cybercrime. Cloudbric’s advanced technology, more specifically its unique logic-based detection engine, generates one of the lowest false positives in the industry.

TJ Jung, VP of Product & Technology, said, “We share the same commitment with our partners in providing the highest quality of service, ensuring that website security is accessible to all. For this reason, in a region as large and as varied as Europe, we’ve opened new doors through partnerships to extend our WAF service to a greater consumer base. Companies are required to incorporate measures for ensuring information is handled in a confidential manner and protected from cyberattacks. We are glad that Cloudbric can be of great help.”

Mustafa Beciragic, CTO of Trendhosting, stated, “We like how Cloudbric’s firewall engine focuses on performance and commits to low false positive rates. This matched our main objective to deliver a high performance platform to our customers, especially during this time of rising security requirements.”

The IDC in Nuremberg marks the launch of Cloudbric’s fourth data center on the European continent. Cloudbric is anticipating to open additional IDCs across Europe and other regions within the next year.

About Cloudbric
Cloudbric is a cloud-based web security service, offering an award-winning WAF, DDoS protection, and free SSL as a full-service package. Boasting 20 years of IT security expertise, Penta Security Systems developed Cloudbric, which utilizes an award-winning logic analysis engine to filter malicious website traffic with industry-leading precision. It delivers one of the lowest false positive rates among competitors. Please visit http://www.cloudbric.com for more information and direct all partnership inquiries to cloudbric(at)pentasecurity(dot)com.

About Trendhosting
Trendhosting is a Switzerland-based hosting company focused on delivering high performance and a high availability hosting platform, powering big ecommerce and content management sites since 1997.

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NEW YORK – Epsilon, a privately owned global communications service provider, today announces that Connectria, a global cloud service provider, will deliver on-demand cloud connectivity to its customers through Epsilon’s Infiny platform. Connectria provides award-winning cloud computing, managed hosting and custom hosting solutions for customers in over 35 countries worldwide and is connecting to Epsilon’s global network fabric at its U.S.-based data center facilities. Connectria’s customers now have on-demand access to a rich suite of connectivity solutions via Epsilon’s Infiny platform, as well as an increasingly valuable set of new bolt-on network enablement services that can be leveraged as they look to expand and grow their cloud programs.

“Connectria supports our customers’ ability to manage and grow their businesses in today’s distributed work environment,” explained the president and CEO of Connectria, Rich Waidmann. “Epsilon’s leadership in the communication services industry, the global reach of its network and the understanding of what it takes to be successful in the highly competitive cloud market make it the ideal partner for Connectria and our customers.”


Epsilon’s Infiny on-demand connectivity platform brings the speed and agility of the cloud to networking. It makes procuring and managing global connectivity simple with 24/7 access to services via its intuitive web portal or APIs. Through Infiny, Epsilon can offer Connectria’s customers direct connection capabilities to the other regional and global datacentre locations, as well as to Connectria’s public cloud service partners, such as Amazon Web Services and Microsoft Azure. Connectria’s partnership with Epsilon strengthens Connectria’s flexible and scalable solutions approach to cloud services and bolsters its position as a leading cloud services provider.

“On-demand connectivity is a key differentiator for managed service providers in the U.S. and will enable Connectria to accelerate its customers’ interconnect requirements and growth in the cloud,” said Jerzy Szlosarek, CEO, Epsilon. “The company’s broad customer base, traction in key growth markets for cloud services such as healthcare and financial services, and commitment to customer service and transparency makes Infiny the ideal fit for Connectria as it expands its global reach.”

About Connectria
Since 1996, Connectria has provided award-winning cloud hosting, remote monitoring and cloud security for more than 1,000 customers in over 30 countries worldwide. At the core of Connectria is our No Jerks Allowed® company philosophy. As The Jerk Free Company®, we’ve established a unique culture where every individual goes “the extra mile” to take care of our customers. Being The Jerk Free Company® extends beyond our people too. We make it easy to do business with us through flexible terms, scalable solutions and straight-forward pricing to serve the hosting needs of large and small organizations alike. For more information, please visit www.connectria.com.

About Epsilon
Epsilon is a global managed network service provider, extending carrier grade voice and data connectivity services to the world’s Communications and Cloud ecosystems. The company offers a smart network utility that combines on demand infrastructure, automation, web-based portals and APIs to give partners friction-free access to global connectivity for resolving complex global networking demands. All Epsilon services are powered by a next generation hyper-scalable global backbone which connects all the leading telecoms hubs globally. Across this fabric encompasses a dense ecosystem of carriers, service operators, internet exchanges and cloud providers offering the leading interconnect point for a diverse set of network and connectivity requirements. For more information, please visit www.epsilontel.com.

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Former head of Intel's Data Center Group Diane Bryant has been appointed Chief Operating Officer of Google Cloud, bringing an engineering background and 30 years of industry experience to the position, as well as experience leading a group that brought in $17 billion in revenue last year, according to a blog post announcing her appointment.
Bryant left her role at Intel in May, taking a lengthy leave of absence for family reasons. At the time Intel CEO Brian Krzanich credited her with transforming the group "from a server-centric group to a business that spans servers, network, and storage across all end-user segments, and with product lines and business models that extend beyond the traditional." At the same time Intel's shift included a greater focus on the server business, including an appearances by Bryant at AWS re:Invent to announce new chip deployments.
"Google Cloud is the most technologically advanced, most highly available, and most open cloud in the world," Google Cloud CEO Diane Greene wrote in the blog post. "We are growing at an extraordinary rate as we enable businesses to become smarter with data, increase their agility, collaborate and secure their information. Diane's strategic acumen, technical knowledge and client focus will prove invaluable as we accelerate the scale and reach of Google Cloud."
Bryant had worked at Intel since 1985, and was promoted from senior VP to executive VP in April 2016. She also serves on the board of United
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LOS ANGELES, CA – DreamHost®, a leader in web hosting and cloud services for WordPress users worldwide, today announced that select users of its managed WordPress service, DreamPress, will be able to receive the advanced benefits of Automattic’s Jetpack at no extra charge. In a bold move to gain the adoration of its users and the ire of its competitors, DreamHost has announced that DreamPress Plus and DreamPress Advanced users will now receive access to Jetpack Professional, a $299/year value, at no extra charge.

DreamPress users have long enjoyed Automattic’s Jetpack plugin for the additional functionality it enables within WordPress. Among its many features, Jetpack’s free option includes an image CDN, in-depth website statistics, downtime monitoring, and a buttload of other enhancements. Jetpack Professional adds a video CDN with no bandwidth restrictions, comprehensive spam protection, daily backups powered by VaultPress, automated and on-demand malware scans, access to over 200 high-quality premium themes, advanced SEO tools, and priority access to WordPress experts at Automattic.


DreamPress Basic users will continue to receive access to Jetpack’s free offering, while DreamPress Plus and DreamPress Advanced users both receive immediate access to Jetpack Professional, the most comprehensive Jetpack offering available.

“This here? This is a Professional Jetpack,” explained John Robison, DreamHost’s Director of Product, Managed WordPress. Standing alongside a row of gleaming silver jetpacks in a cavernous showroom he continued: “The Premium Jetpacks? They’re good, too. Good for lots of folks. But our customers…they deserve the best. And this is the best. Professional’s got over 200 premium themes, deep Google Analytics integration, and SEO tools like you’ve never seen. Check this out.” Robison pushed a button on his belt and immediately launched himself, and his WordPress website, through the roof of the showroom.

After several minutes of awkward silence, Robison stumbled through the front door of the building, bloody and bruised. His Jetpack, however, remained free of blemishes, gleaming and pristine as the day it rolled off the assembly line. “Wrong button,” Robison offered sheepishly. “But you can see the kind of power this thing’s got, right? Good stuff.”

Jetpack Professional is immediately available to all DreamPress Plus and Advanced users, both current and new. New customers need only opt-in to Jetpack Professional from within their DreamHost control panel to begin receiving the benefits of a powerful, supercharged WordPress experience at DreamHost.

About DreamHost
Since 1997 DreamHost has helped individuals, small businesses, and developers the world over share and own their digital content on the web. From domain registrations to web hosting and even powerful cloud storage and computing services, more than 400,000 customers trust DreamHost to be their online home. Focused on WordPress and packed with unbelievable value, DreamHost is the best place to launch a blog, website, or web application into the stratosphere. Learn more at www.DreamHost.com.

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