Solutions

OVERLAND PARK, KS – Codero Holdings, Inc. (Codero), a leader in managed hosting services and technology enablement, today announced that it has joined the Microsoft Cloud Solution Provider (CSP) program. Codero will offer managed services for the Azure public cloud and hybrid multi-cloud hosting.

Microsoft Azure is one of the leading hybrid cloud options for businesses around the world, offering over 100 integrations and features that enable companies to not only store and run their apps and processes but develop innovative experiences using mixed reality, bots, and other emerging technologies.


Extracting the full benefit from Azure’s suite of capabilities requires expertise that many companies do not have in-house. Codero’s Azure-certified team will leverage years of demonstrated expertise in hosting cloud solutions to help guide customers and ease their transition to Azure.

“Joining the Azure Partner Network enables us to extend the distinct benefits of Azure to companies across industries, regardless of their size or experience level,” said John Martis, CEO of Codero. “Azure will play an important role as we custom-architect and manage our customers’ optimal infrastructure, enabling them to do more with their technology, reduce management overhead, and focus on business outcomes.”

About Codero
Codero is a managed hosting and technology enabler that facilitates the adoption and use of advanced and custom cloud solutions. A provider of managed, dedicated, and hybrid multi-cloud services, backed by exceptional customer service, Codero serves over 3,500 customers worldwide. Codero offers a portfolio of custom hosting and technology solutions focused on the specific needs of small and medium businesses and community anchor institutions. Codero helps customers and partners live and thrive in the cloud. Learn more about Codero at http://www.codero.com

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BOSTON – Iron Mountain Incorporated® (NYSE: IRM), the global leader in storage and information management services, has completed its acquisition of the U.S. operations of IO Data Centers LLC, a leading colocation data center services provider based in Phoenix, Arizona. With the transaction, Iron Mountain acquired 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.

The acquisition closes with a customer expansion at the Phoenix data center campus by Cyxtera, a leading provider of secure infrastructure to global enterprises and the U.S. federal government. Cyxtera’s expansion represents the continued demand for service providers in the Phoenix market. They made the selection based on the security, comprehensive compliance support and scalability of the facility, which provided the ideal environment to serve its customer base and support its growth projections.


The total purchase price at closing amounted to $1.34 billion subject to working capital and other customary adjustments and including additional cash consideration related to company performance since the signing of the purchase agreement, including the Cyxtera lease. The additional consideration is a portion of the $60 million cash payable to the sellers based on future performance.

Iron Mountain’s IO transaction follows the 2017 acquisition of FORTRUST data center in September and the planned purchase of two data centers in the London and Singapore markets from Credit Suisse announced in October, significantly expanding the company’s presence in the fastest-growing domestic and international data center markets. These transactions will bring Iron Mountain’s total data center portfolio to 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.

“One of the strategic cornerstones of the IO transaction is that it enhances our geographic diversification with expansion capacity in Phoenix, the fourth fastest market for absorption in the U.S. in 2017, as well as New Jersey, another key market serving the New York metro area,” said Mark Kidd, senior vice president and general manager, Iron Mountain Data Centers. “The new leasing activity is an important example of our diverse customer base with growing requirements for colocation capacity. It also highlights the strength of our expanded team of experienced and highly skilled professionals who we welcome to the Iron Mountain family.”

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 more than 50 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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SAN FRANCISCO – Digital Realty (NYSE: DLR), a leading global provider of data center, colocation and interconnection solutions and a Silver level member of the Oracle PartnerNetwork (OPN), announced today it will offer dedicated and private access to Oracle Cloud through Oracle Cloud Infrastructure (OCI) FastConnect in 14 major metropolitan areas. These connections help ensure high performance and optimal reliability of critical enterprise applications within Oracle’s cloud, which occupies more than 500,000 square feet across 16 Digital Realty locations.

Access to OCI is being made available through Digital Realty’s Service Exchange in Ashburn, Atlanta, Boston, Chicago, Dallas, London, Los Angeles, Miami, New York, Phoenix, Portland, San Francisco, Seattle and Silicon Valley. As a result, a total of 59 Digital Realty data centers support private connections to Oracle’s Infrastructure as a Service.


Oracle FastConnect enables customers to set up a hybrid cloud by providing an easy and cost-effective way to create fast, low-latency, private and dedicated connectivity to Oracle Cloud. Digital Realty’s Service Exchange gives enterprises private, secure, high-throughput, and low-latency access over a single interface to OCI and other cloud providers, overcoming some of the limitations of the public Internet. It allows users to manage physical and virtual connections through a single portal and gives them the visibility and reporting capabilities they need to address their connectivity requirements more rapidly and efficiently.

“Customers require seamless connectivity from their data centers and networks to Oracle Cloud for their most demanding workloads and applications,” said Don Johnson, Senior Vice President Product Development, Oracle Cloud Infrastructure. “With Oracle’s FastConnect service via Digital Realty, customers can provision the dedicated and private connections they need today and easily scale with their growing business demands.”

“Our direct connections to Oracle Cloud Infrastructure build upon our commitment to ensure that our customers have interconnected access to the critical IT resources they need to drive business success,” said Digital Realty Chief Technology Officer Chris Sharp. “The rapid growth of Oracle Cloud is a testament to its strength in the marketplace, and we are extremely pleased to be working closely with Oracle to accelerate its momentum.”

About Digital Realty
Digital Realty supports the data center, colocation and interconnection strategies of more than 2,300 firms across its secure, network-rich portfolio of data centers located throughout North America, Europe, Asia and Australia. Digital Realty’s clients include domestic and international companies of all sizes, ranging from financial services, cloud and information technology services, to manufacturing, energy, gaming, life sciences and consumer products.

About Oracle PartnerNetwork
Oracle PartnerNetwork (OPN) is Oracle’s partner program that provides partners with a differentiated advantage to develop, sell and implement Oracle solutions. OPN offers resources to train and support specialized knowledge of Oracle’s products and solutions and has evolved to recognize Oracle’s growing product portfolio, partner base and business opportunity. Key to the latest enhancements to OPN is the ability for partners to be recognized and rewarded for their investment in Oracle Cloud. Partners engaging with Oracle will be able to differentiate their Oracle Cloud expertise and success with customers through the OPN Cloud program – an innovative program that complements existing OPN program levels with tiers of recognition and progressive benefits for partners working with Oracle Cloud. To find out more visit: http://www.oracle.com/partners.

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TORONTO, CANADA – ServerMania, a leading provider of cloud hosting and dedicated server hosting, is adopting security measures to protect its customers from the privacy and security risks posed by the Spectre and Meltdown vulnerabilities.

The company has also released an advisory urging dedicated server hosting customers to update server operating systems as soon as possible.


Spectre and Meltdown are critical vulnerabilities that exploit flaws in processors manufactured by Intel, ARM, and AMD. These processors are used in almost every computing device, from servers to smartphones. The vulnerabilities can be exploited by an attacker able to run code on the affected machines, revealing sensitive data by bypassing the processor’s built-in protections.

Microsoft and leading Linux distributions, including CentOS and Ubuntu, have released patches that mitigate the risk. Updating server operating systems to patched versions is the only way to protect server hosting customers and their users.

“The Spectre and Meltdown vulnerabilities expose the vast majority of servers to the risk of compromise and data theft. It’s a huge problem, but the industry has reacted quickly to develop solutions that mitigate most of the risk,” explained ServerMania CEO, Kevin Blanchard, “At ServerMania, we are working with customers to secure servers across our cloud and hybrid server hosting ranges. Dedicated server hosting customers should update their servers as soon as possible.”

Spectre and Meltdown can be exploited by anyone in a position to run code on a server. They are particularly hazardous for multi-tenant systems like the public cloud, which hosts several users on the same server. A malicious user could theoretically run code in a virtual machine they control and access data from the host environment and other virtual machines hosted on the same server. Spectre and Meltdown present a risk in any scenario that allows unvetted code to be run on a server.

ServerMania offers a variety of infrastructure hosting options, including dedicated servers, hybrid servers, and public and private cloud platforms. The company is proactively patching its cloud and hybrid server platforms and is working with its customers to secure dedicated servers.

About ServerMania
ServerMania is a Canadian company with over 14 years of experience building high-performance infrastructure hosting platforms for businesses globally. ServerMania offers a wide range of fully customizable dedicated, hybrid, cloud, colocation and IP Transit services. Their mission is to empower clients by equipping them with fast, reliable, innovative infrastructure hosting while upholding a 100% network uptime SLA. This is assisted by a 24x7x365 rapid response team — one with some of the best response times in the industry. For more information, visit https://www.servermania.com.

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ST. LOUIS, MO – TierPoint, a leading national provider of hybrid IT solutions, including cloud, colocation and managed services, announced today that it has completed an expansion of its Hawthorne, New York facility. The $13 million investment adds 13,500 sq. ft. of raised floor space and is the first phase of an expected multiphase expansion.

The expanded facility, located outside New York City’s 12-mile blast zone and the 500-year flood zone, now includes over 65,000 sq. ft. of total raised floor data center space and more than 70,000 sq. ft. of customizable business continuity/private suite space, easily accessible for Connecticut, New York and New Jersey clients.


“Our location, combined with the fact that we offer connectivity with ultra-low latency – a half-millisecond to Manhattan’s financial district – continues to fuel our growth and expansion,” said TierPoint Regional Vice President John Vernazza.

Other facility features include dual factor, biometrical access control with around-the-clock onsite security; dual utility service feeds with onsite TierPoint controlled substations; independent AB power distribution; N+1 backup generators; 2N chilled water configuration with N+1 CRAH deployment; all designed for supporting up to 350 watts per square foot of raised floor. The site is carrier neutral with diverse fiber points of entry for redundancy.

Like all TierPoint data centers, the Hawthorne facility meets compliance standards for HIPAA, PCI-DSS, GLBA and SSAE18, SOC 2 Type II. TierPoint also holds EU-US Privacy Shield certification and ITAR registration on a company-wide basis.

About TierPoint
With an unmatched combination of clients, facilities, solutions and service, TierPoint is a leading national provider of IT infrastructure, helping organizations drive performance and manage risk. The company has one of the largest customer bases in the industry, with over 5,000 clients ranging from the public to private sectors, from small businesses to Fortune 500 enterprises. TierPoint also has one of the largest and most geographically diversified footprints in the nation, with 40 world-class data centers in 20 markets and 8 multi-tenant cloud pods, connected by a coast-to-coast network. The company offers a comprehensive solution portfolio of private, multitenant, hyperscale, and hybrid cloud, plus colocation, disaster recovery, security and other managed IT services. Led by a proven management team, TierPoint’s network of hundreds of highly experienced IT professionals offer local, white-glove customer service, seamlessly managing and customizing secure, agile infrastructure solutions that address each client’s unique needs.

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Pittsburgh, PA – Liberated Syndication, Inc. (OTCQB: LSYN) (“Libsyn”) announced today that it closed its acquisition of Internet hosting company Pair Networks, Inc. (Pair) on December 27, 2017. Libsyn paid $13.5 million in cash and issued 1,579,613 shares of restricted common stock valued at $2.5 million to acquire 100% of Pair. The combined businesses represented approximately $23 million in annual revenue and approximately $7 million in EBITDA for 2017.

“We are very excited about the opportunities that come from combining these two great, long standing, Pittsburgh-based companies,” said Chris Spencer, Libsyn CEO. “We have tremendous confidence in Pair’s leadership and employees and we intend to fuel revenue growth for the combined entities through sales and marketing investment, cross selling new and existing hosting products and streamlining network computing infrastructure.”


In order to finance the transaction, Liberated Syndication borrowed $10 million under a newly established Senior Secured Credit Facility (the “Bank Facility”) with First Commonwealth Bank, which also was closed on December 27, 2017. Borrowings under the Bank Facility are at variable rates which are, at the borrowers’ option. As of December 27, 2017, interest is set at LIBOR (London Interbank Offered Rate) plus 175 basis points, or 3.44%.

Pittsburgh-based Capital Foundry, LLC acted as advisor to the Company and Arranger for the Bank Facility.

As of December 31, 2017, the combined companies had approximately 82,000 monthly subscribers for hosting services. Management believes there are many cross selling opportunities including website and blog hosting services for podcasters, full-service WordPress solutions for website and blog development, domain name registration and hosting, as well as co-location hosting services for larger podcast networks, an area of significant potential growth in the podcasting industry.

“Podcasts are expected to continue to grow in popularity and have become an integral part of brand strategy along with websites, blogs and social media outlets. Pair’s hosting, domain and WordPress offerings are the tools podcast producers look for to develop online strategies to extend their reach,” said Laurie Sims, Libsyn President. “Libsyn is often seen as a media company because of the type of content we host, but we are fundamentally a hosting platform. We have a lot of synergy with Pair and understand the monthly subscription business model. We are thrilled to add the Pair team, its reliable infrastructure and world class support they provide.”

Additionally, Libsyn management believes there are growth opportunities to be had by capitalizing on Pair’s vast computing infrastructure, cloud based hosting services
and utilizing Pair’s highly regarded customer support team. Focused cyber security services is another area of additional revenue growth potential given recent threats and limited expertise for small and medium-sized businesses.

Management plans to host a shareholder conference call during the first quarter of 2018 to outline its plans for the combined companies in greater detail.

About Liberated Syndication
Liberated Syndication (Libsyn) is the world’s leading podcast hosting network and has been providing publishers with distribution and monetization services since 2004. In 2016 Libsyn delivered over 4.59 Billion downloads. We host over 3.2 Million media files for more than 35,000 podcasts, including typically around 35% of the top 200 podcasts in iTunes. Podcast producers choose Libsyn to measure their audience, deliver popular audio and video episodes, distribute their content through smartphone Apps (iOS, and Android), and monetize via premium subscription services and advertising. We are a Pittsburgh based company with a world-class team. Visit us on the web at www.libsyn.com.

About Pair Networks
Pair Networks, founded in 1996, is one of the oldest and most experienced Internet hosting company providing a full range of fast, powerful and reliable Web hosting services. Pair offers a suite of Internet services from shared hosting to virtual private servers to customized solutions with world-class 24×7 on-site customer support. Based in Pittsburgh, Pair serves businesses, bloggers, artists, musicians, educational institutions and non-profit organizations around the world. Visit us on the web at www.pair.com.

Capital Foundry
Capital Foundry, LLC, is a Pittsburgh-based investment bank with a focus on small to medium sized enterprises. The bedrock of Capital Foundry is the deep and varied experience of its people, and the businesses the leadership team has helped to grow and transform.

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