phoenix

ASHBURN, VA – Aligned Energy, a leading data center provider offering innovative, sustainable and adaptable colocation and build-to-scale solutions for cloud, enterprise, and managed service providers, today announced its new 26-acre, 180-Megawatt master-planned data center campus in Ashburn, Virginia.

When complete, the campus will offer approximately 880,000 square feet of expandable space, drawing redundant, critical power from two on-site substations to service the IT operations of hyperscale and cloud service provider customers.


The campus’ initial 370,000-square-foot, 80 MW facility, followed by a 510,000-square-foot, 100 MW development, will sit atop major fiber and conduit routes, providing access to more than 50 carriers in the immediate area. Both facilities will feature Aligned Energy’s on-demand adaptable and intelligent, dynamic infrastructure, complete with its patented, award-winning data center cooling technology, which is purpose-built to support high, mixed, and variable power densities of 1-50kW per cabinet in the same footprint.

“Our new Ashburn data center campus addresses the needs of cloud providers and hyperscalers that demand a highly dynamic, scalable and future-proof data center solution,” said Andrew Schaap, CEO of Aligned Energy. “Data centers are the new engines of innovation for the 21st century, and we are delighted to provide Northern Virginia with an incredibly efficient and highly reliable colocation data center platform.”

This new campus is a strategic addition to Aligned Energy’s portfolio. With high-capacity, adaptive, and future-proof facilities in Dallas, Phoenix, Salt Lake City, and now Ashburn, Aligned Energy is well-positioned to service customer needs in the country’s fastest-growing data center markets.

Aligned Energy’s mission is to make data center critical infrastructure intelligent enough to continuously improve both its economic performance and environmental impact, delivering a noticeable business advantage. The company’s unique approach to infrastructure deployment allows it to deliver the data center platform like a utility – accessible and scalable as needed. It also reduces the energy, water and space required to operate physical data center environments, significantly improving sustainability and yielding greater water usage effectiveness for customers.

From build-to-scale and customizable services, to rapid power and square footage scalability, to just-in-time provisioning and accelerated delivery schedules, Aligned Energy’s data center platform and business model are uniquely positioned to address the infrastructure needs of today’s hyperscalers and cloud service providers.

About Aligned Energy
Aligned Energy is an infrastructure technology company that offers adaptable colocation and build-to-scale solutions to cloud, enterprise, and managed service providers. Our intelligent infrastructure allows us to deliver data centers like a utility—accessible and consumable as needed. By reducing the energy, water and space needed to operate, our data center solutions, combined with our patented cooling technology, offer businesses a competitive advantage by improving reliability and their bottom line. For more information, visit www.alignedenergy.com and connect with us on Twitter, LinkedIn and Facebook.

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DENVER – H5 Data Centers, a national colocation and wholesale data center provider, today announced an expansion at its Denver data center, located at 5350 S. Valentia Way in the Denver Tech Center. The data center expansion includes the build-out of a 5,000 square-foot, private raised floor suite, which has been pre-leased by an existing Fortune 500 customer.

“We continue to focus on deepening our relationships with our growing wholesale customer base,” said Josh Simms, founder and CEO of H5 Data Centers. “After completing the major renovation and expansion of our Denver Tech Center data center two years ago, we have more than doubled our enterprise customer base and worked to expand the capacities of most existing customers. H5 Data Centers will make available additional mechanical and electrical infrastructure as our customer ecosystem expands further.”


Denver Data Center Highlights:

  • 300,000 SF data center campus
  • Concurrently-maintainable data center design
  • 24×7 on-site engineering and security teams
  • Private data center suites
  • Over 17.5 MWs of emergency generator power capacity

“I have enjoyed a front row seat to witnessing H5 Data Centers light up an impressive amount of data center space nationally for its customers time and time again,” said Jon DeRidder, CMO of Enabled Energy. “H5 Data Centers understands what it means to move at the speed of business and Enabled Energy remains dedicated to supporting fast and efficient infrastructure expansions like these.”

About H5 Data Centers
H5 Data Centers is one of the leading privately-owned data center operators in the United States with over 2 million square feet of data center space under management. The company designs and engineers flexible and scalable data center solutions to address the core infrastructure and edge requirements of its customers. H5 Data Centers operates data centers in Albuquerque, Ashburn, Atlanta, Charlotte, Cincinnati, Cleveland, Denver, Phoenix, Quincy, San Jose, San Luis Obispo, and Seattle.

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RESTON, VA – Internap Corporation (NASDAQ:INAP), a leading provider of high-performance data center services including colocation, cloud, and network, is significantly expanding its presence in Phoenix, a booming, rapidly growing U.S. data center market, through a master lease for a Tier 3 design data center located at 2500 West Frye Road in Chandler, AZ. A leading private real estate partner recently acquired the property, and a Fortune 100 financial services company will remain the anchor tenant. Through this long-term lease, INAP expands its Phoenix footprint, adding approximately 200,000 gross square feet with up to 10 MW of highly redundant critical power capacity in the 4th fastest growing net power absorption market.

“We are extremely excited to establish a flagship presence fully controlled by INAP, including Bank of America as the anchor tenant. This expansion adds much needed capacity in the vibrant and highly strategic Phoenix/Chandler market,” stated Corey J. Needles, INAP U.S. Sr. Vice President and General Manager. “This facility gives INAP a powerful competitive position within this market, requires no upfront cash investment, enabling us to light customers on day one to support growth, and is a great location that gives us options for potential consolidation of our currently 100% utilized Phoenix footprint. We expect increasing contribution from this key market going forward.”


The new Chandler data center offers some of the most robust security, electrical and mechanical infrastructure in the market today. Phoenix is a major destination for new investment and migration by companies, particularly from California, looking to improve their disaster recovery. The State of Arizona has also created a favorable tax environment specifically for data center operations through the use of tax incentives, which is drawing hyper-scalers to its major markets and benefits INAP in turn.

About Internap Corporation
Internap Corporation (NASDAQ:INAP) is a leading provider of high-performance data center services, including colocation, cloud and network. INAP partners with its customers, who range from the Fortune 500 to emerging start-ups, to create secure, scalable and reliable IT infrastructure solutions that meet the customer’s unique business requirements. INAP operates in 58 primarily Tier 3 data centers in 21 metropolitan markets and has 99 POPs around the world. INAP has over 1 million gross square feet under lease, with over 500,000 square feet of data center space. For more information, visit, www.inap.com.

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DALLAS, TX – DataBank has completed the recertification and authorization of the GSA’s Federal Risk and Authorization Management Program (FedRAMP) for its secure, federal CloudPlus platform under both IaaS and PaaS certification categories.

The Third Party Assessment Organization (3PAO) audit and validation process leveraged the latest NIST 800-53R4 security framework and validated the IaaS, PaaS, and comprehensive suite of DataBank NIST-compliant security offerings.


The coverage of the Authorization to Operate (ATO) includes traditional IaaS and PaaS services enhanced with fully managed DDoS Protection, Intrusion Detection, Intrusion Prevention, Web Application Firewalls, Antivirus, Host-based Intrusion Prevention, Log Offloading, Configuration Scanning, Patch Management, Dual Factor Authentication (token or PIV/CAC Cards), Backup Services, SynFlood Protection, Load Balancing, CDN, FIPS 140-2 compliant encryption, Compute, Storage, Hypervisor, Network, Internal and External Vulnerability Scanning, SIEM, and 24/7 SOC and NOC operations.

“DataBank’s vision is to become the easiest place to host highly secure mission critical applications,” commented Vlad Friedman, Chief Technology Officer, DataBank. “Our mission is to help transform cloud-enabled FedRAMP/NIST-compliant workloads by delivering increased agility and predictable pricing while eliminating downtime. Backed by a 24/7 SOC and NOC, we go far beyond the typical IaaS boundaries of the hypervisor, diving deep into the PaaS layer for operating systems.”

DataBank’s FedRAMP-Compliant CloudPlus is currently located in Baltimore, MD and Phoenix, AZ with plans for expanding to two more locations by year’s end. The company plans to focus and serve the needs of federal, state, local, and educational organizations, as well as System Integrators and SaaS Providers focused on the federal marketplace.

DataBank also provides Public Cloud Connectivity as a Service, complementing colocation and CloudPlus and allowing secure and redundant 10G connectivity to over 250 public clouds including AWS, Azure, Google, IBM, Dropbox, Office 365, and more. DataBank enables true hybrid deployments of colocation, private CloudPlus, and public cloud workloads all supported by a highly responsive operations group and holistic management portal.

“Our commitment to offering secure cloud services has been validated through this rigorous security assessment, which underscores and further verifies the security of our services, systems, processes, and facilities,” says Mark Houpt, Chief Information Security Officer at DataBank. “DataBank takes a very proactive, consultative approach to our clients’ security and compliance needs.”

The FedRAMP program was created in 2011 to reduce the risks of cloud services and empower government agencies to transform their legacy IT infrastructure to secure, cost-effective cloud solutions. It “provides a standardized approach to security assessment, authorization, and continuous monitoring for cloud products and services,” according to FedRAMP.gov.

DataBank is now compliant with FedRAMP, HIPAA-HITECH, SSAE-18, PCI-DSS, Privacy Shield, GDPR, and more. For more information about DataBank’s FedRAMP Platform, visit https://www.databank.com/solutions/compliant-hosting/fedramp-fisma/.

About DataBank
DataBank is a leading provider of enterprise-class data center, cloud, and connectivity services, offering customers 100% uptime availability of data, applications, and infrastructure. DataBank’s managed data center services are anchored in world-class facilities. Our flexible technology solutions are designed to help customers effectively manage risk, improve their technology performance, and allow them to focus on their core business objectives. DataBank is headquartered in the historic former Federal Reserve Bank Building, in downtown Dallas, TX.

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PHOENIX – Namecheap, a top domain registrar and web hosting company, continues its long-term commitment to supporting Internet Freedom with its 6thAnnual Move Your Domain Day. Beginning March 6 at 12 a.m. EST, for 24 hours Namecheap will offer domain transfers for only $3.98. The special deeply discounted transfer deal will also include a free year of of private email and SSL. Additionally, for each transfer Namecheap will donate up to $1.50 to the Electronic Frontier Foundation (EFF), a leading organization that works to protect online freedom and digital civil rights.

“Our passion and dedication to Internet neutrality and freedom cannot be overstated. Namecheap’s long-term commitment to these principles dates back to the founding of the company. Our pledge to stand with organizations such as EFF, in their fight to keep the Internet open and free, is the reason why Move Your Domain Day is such an important initiative for Namecheap,” said Richard Kirkendall, Namecheap CEO.


“EFF is grateful for the support from Namecheap’s Move Your Domain Day. We’re fighting to protect online innovation and creativity. With the help of supporters across the web, we will continue standing up for Internet users in the courts, in Congress, and around the world,” – Corynne McSherry, Legal Director at EFF.

Since 2011 the annual event that calls on customers to transfer their domains to Namecheap at deeply discounted prices, and in support of Internet freedom, has raised more than $350,000.

About Move Your Domain Day
Move Your Domain Day started in 2011 as an online movement and response to the US Stop Online Piracy Act (SOPA), a bill many felt threatened people’s right to privacy, anti-censorship and a free and open Internet. Sensing a need to mobilize the community, Namecheap CEO Richard Kirkendall launched the first ever Move Your Domain Day. Seven years later, Namecheap has used its platform to raise awareness about other dangerous bills like the Protect IP Act (PIPA) as well as the continued battle to save Net Neutrality.

About Namecheap
Namecheap is an ICANN-accredited domain registrar and technology company founded in 2000 by CEO Richard Kirkendall. Celebrating nearly two decades of providing unparalleled levels of service, security, and support, Namecheap has been steadfast in customer satisfaction. With close to 9 million domains now under management, Namecheap is among the top domain registrar and web hosting providers in the world. To learn more about Namecheap, visit namecheap.com.

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ATLANTA, GA – Internap Corporation (NASDAQ:INAP), a provider of high-performance internet infrastructure including colocation, managed services and hosting, cloud and high-performance network services, today announced that it has entered into a definitive agreement to acquire SingleHop, LLC, a private company headquartered in Chicago, Illinois for $132 million in cash.

SingleHop is a recognized leader in the managed hosting and infrastructure as a service (IaaS) business segment, offering highly automated and on-demand IT infrastructure. This strategic combination allows INAP to immediately offer its customers advanced products and expertise. SingleHop’s enterprise and business customers will also benefit from INAP’s North American and global presence, providing a significantly more expansive integrated footprint.


“The INAP turnaround strategy includes restoring top-line organic revenue growth while leveraging smart tuck-in acquisitions to accelerate that growth,” stated Peter D. Aquino, President & CEO of INAP. “Today we announce significant progress on both fronts: We are reporting a positive outlook for 4Q 2017 revenue, which is up sequentially, and we are ahead of turnaround expectations. We are also pleased to announce the signing of an agreement to acquire SingleHop and welcome their customers and employees to the INAP family. We are very excited about partnering with Zak Boca and his experienced team to integrate their advanced platform into INAP. The combined impact of our sales and operational improvements, and the momentum of SingleHop’s success, is expected to be a catalyst for growth in 2018.”

Strategic Rational: INAP expects to gain significant speed to market by advancing its technical roadmap with this acquisition. The attributes of the combination include:

Robust Technology –
SingleHop’s advanced automated systems will immediately enhance INAP’s overall capabilities, improving existing customers’ experience. This acquisition will enable INAP to launch an integrated delivery system that will be cross-sold through INAP’s global footprint. Given this complementary product set, SingleHop’s technical expertise and momentum are expected to attract interest specifically among INAP Bare Metal and AgileCloud customer bases. This combination also advances INAP’s product road map for private cloud, managed public cloud, DRaaS, and other critical features designed to drive profitable growth.

Single Pane of Glass and Actionable Intelligence (“AI”) –
SingleHop’s single pane of glass for infrastructure and managed services will consolidate and merge separate customer interface portals into one single pane of glass, post integration (i.e., colocation, managed services, cloud, and network elements). The improved visibility, and control through AI are expected to exceed customer expectations and requirements, adding long-term customer retention benefits, as well as to help INAP operationally.

Increased Scalability –
SingleHop’s operations complement INAP’s presence in major markets including: Chicago, New York City, Phoenix, and Amsterdam. SingleHop hosts approximately 3,000 customers in state of the art Tier 3-type data centers that ensure the optimum redundancy, security, and critical infrastructure required. Proforma combined INAP will serve over 10,000 customers worldwide.

Experienced and Talented Management Team –
SingleHop has demonstrated a unique entrepreneurial culture that produced award winning solutions and industry recognition as evidenced in its position on the Gartner® Magic Quadrant for Cloud Enabled Managed Hosting.

“These two companies are extremely complementary, and together will offer customers an incredibly robust, modern IT platform, which was backed by investment firm Battery Ventures,” said Zak Boca, co-founder and CEO of SingleHop. “SingleHop’s innovative approach to IaaS and the delivery of managed services combined with INAP’s global data center and network presence, will give clients a one-stop-shop for their IT needs. This is a strong combination that I’m very excited to be a part of. I look forward to transitioning to become the Chief Marketing Officer of INAP.”

“Jennifer Curry, VP of Managed Hosting and Services at INAP, and team, have been focused on improving ways to deliver complex IT solutions to our customers,” stated Corey Needles, SVP and General Manager, INAP USA. “By acquiring SingleHop, we not only leapfrog product development gates, but Jen acquires an all-star team to attack opportunities that historically may have been challenging for either company to score on its own due to lack of product or size. Together, we are much stronger and excited about our growth potential in managed hosting and services as a value-added service to our data center business.”

Financial Summary: INAP will be acquiring SingleHop in an all cash deal for $132 million reflecting a purchase multiple of approximately 7x after synergies, based on annualized Adjusted EBITDA of approximately $16 million for 3Q 2017 and expected annualized cost synergies of $2 to $3 million. INAP expects SingleHop will contribute $45 to $50 million in annualized revenue post-closing. In INAP’s fourth quarter 2017 earnings release, INAP will provide combined proforma guidance, assuming a first quarter closing of the transaction. Adjusted EBITDA is a non-GAAP financial measure, which we define in the attachment to this press release entitled “Non-GAAP (Adjusted) Financial Measure.” A reconciliation of this non-GAAP financial measure to the most directly comparable GAAP financial measure can also be found in the attachment.

INAP has entered into a commitment agreement with Jefferies Finance LLC to provide a fully underwritten debt financing which, combined with INAP’s cash on hand, will fund the entire transaction. Ultimately, INAP will look to optimize its capital structure with a blend of equity and debt securities to affect a leverage-neutral or better outcome. The transaction is expected to close before the end of the first quarter 2018, subject to customary closing conditions, including the expiration or termination of any applicable waiting periods under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended.

Transaction Advisors: RBC Capital Markets acted as lead financial advisor and Jefferies LLC acted as financial advisor to INAP. Jenner & Block LLP served as INAP’s legal advisor. On the sell-side, DH Capital acted as the sole financial advisor to SingleHop. Goodwin Procter LLP and Hinshaw & Culbertson LLP acted as joint legal advisors to SingleHop.

About Internap Corporation
Internap Corporation (NASDAQ:INAP) is a leading provider of high-performance data center services including colocation, managed hosting, cloud and network services. INAP partners with its clients, who range from the Fortune 500 to emerging start-ups, to create secure, scalable and reliable IT infrastructure solutions that meet the client’s unique business requirements. INAP operates in 51 Tier 3-type data centers in 21 metropolitan markets and has 90 POPs around the world. INAP has approximately 1 million gross square feet under lease, with 500,000 square feet of data center space. For more information, visit www.INAP.com.

About SingleHop
SingleHop, a leading global provider of hosted IT infrastructure and cloud computing, brings together a unique combination of enterprise-class technologies from industry-leading vendors, and a proprietary automation engine, to deliver a customized cloud infrastructure experience for enterprises of all sizes. Their powerful portal and award-winning automation platform make it simple to design and support the optimal cloud environment. Their service includes full-life cycle, white glove support, instantly-scalable solutions, and comprehensive integrated security. SingleHop serves approximately 3,000 customers in more than 124 countries with data centers across the United States and Europe.

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