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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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LANSING, Mich. – Liquid Web, LLC, the market leader in managed hosting and managed application services to SMBs and web professionals, has officially launched the industry’s first platform dedicated to WooCommerce Stores.

“Our Managed WooCommerce Hosting product is more than just a simple one-click plugin installation. We’ve built a real offering,” said Chris Lema, VP of Products and Innovation. “We’re combining the power of WooCommerce with the industry-leading managed hosting expertise of Liquid Web, allowing store owners to focus on growing their business and leaving the hosting headaches to us.”


WooCommerce is the fastest growing eCommerce platform for store owners today. It sits on top of WordPress which is well known and free. People choose WooCommerce because they sense that it’s an easy to use platform that they can get started with a minimum investment. However, as their stores grow, they are challenged by a lack of staff and expertise to handle the increasing need for design, development and devops. Now they can buy an online store solution with the expectation that they have a provider who is an expert in hosting and a partner in risk mitigation.

The only hosting solution specifically designed for WooCommerce, Liquid Web’s Managed WooCommerce Hosting offering is a unique answer to common pain points for SMB store owners.

Dynamic Resizing Without Downtime
We’ve built a platform that can autoscale. This elastic and scalable platform gives store owners all the resources they need, helping stores stay fast, without requiring architecture or server changes. https://youtu.be/d8IZ2-nLDkw

High Performance Under Heavy Load
We’ve built a different set of tables to store order data that reduce query loads by 95% and increase capacity (without upgrading plans) by more than 75%. https://youtu.be/Sg2mxzFA8xo

Performance Tests Whenever
We’ve created more than 20 performance tests to help store owners know, in advance, that stores will be ready for whatever traffic comes. https://youtu.be/v-eyVsUOIOk

Far More Than Google Analytics
Our partnership with Glew means we can help store order information into actionable data that transforms how SMB’s grow their business. https://youtu.be/afiFqNTmag4

Paying Attention To Abandoned Carts
Our partnership with Jilt, the leader in abandoned cart technology for WooCommerce means store owners can take immediate action to capture lost revenue. https://youtu.be/_qbzB4ZZfI0

“Our customer isn’t buying hosting. Or a plugin. They’re not buying technology. They just expect it all to work. This is why we’re in the ‘managed’ business. We’re innovating and delivering value in a crowded market with a clear sense of the features that make a difference to our SMB stores owners and the designers, developers and agencies who serve them,” said Lema.

“With the addition of Managed WooCommerce Hosting to our product portfolio, we further our mission to empower web dependent professions all over the world to create content and commerce more easily, without worry and knowing they have a real person to turn to when they need help,” said Liquid Web CEO Jim Geiger. “We are very excited about the launch of this innovative product, reaffirming our commitment to simplifying how our SMB customers experience hosting and cloud services and having an important role in powering their business potential.”

To learn more about Liquid Web’s Managed WooCommerce Hosting offering visit: https://www.liquidweb.com/products/managed-woocommerce-hosting/

About Liquid Web
Marking its 20th year anniversary, Liquid Web powers content, commerce and potential for SMB entrepreneurs and the designers, developers and digital agencies who create for them. An industry leader in managed hosting and cloud services, Liquid Web is known for its high-performance services and exceptional customer support. Liquid Web offers a broad portfolio designed so customers can choose a hosting solution that is hands-on or hands-off or a hybrid of the two. The company owns and manages its own core data centers, providing a diverse range of offerings spanning from bare metal servers and fully managed hosting to managed WordPress and continues to evolve its service offerings to meet the ever-changing needs of its web-reliant, professional customers. With over 32,000 customers spanning 150 countries, the company has assembled a world-class team, global data centers and an expert group of 24/7/365 solution engineers. As an industry leader in customer service*, the rapidly expanding company has been recognized among INC Magazine’s 5000 Fastest Growing Companies for ten years. Liquid Web is part of the Madison Dearborn Partners family of companies. Madison Dearborn Partners, LLC (“MDP”) is a leading private equity investment firm based in Chicago.

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DULLES, VA – ParkMyCloud, the leading enterprise platform for continuous cost control in public cloud, announced today that it has released SmartParking(TM) for automated cloud cost optimization. The ParkMyCloud platform helps Amazon Web Services (AWS), Microsoft Azure, and Google Cloud customers save money on cloud resources by automatically integrating cost control into their DevOps processes. ParkMyCloud saves money by scheduling cloud resources to turn off when they are not needed – which they call “parking”.

With the new SmartParking release, the ParkMyCloud platform will look for patterns in utilization data from AWS CloudWatch, and create recommend schedules for each instance to turn them off when they are typically idle. This minimizes idle time to maximize savings on cloud resources – saving customers 65% or more.


“No other cloud management vendor is doing this,” said ParkMyCloud CTO Bill Supernor. “This new layer of automation takes cost optimization a step further than most tools go, from visibility to actionable, evidence-based scheduling, for maximized cost savings with minimal employee time needed to manage it.”

Like an investment portfolio, users can choose to receive SmartParking schedules that are “conservative”, “balanced”, or “aggressive” — where conservative schedules protect all historic “on” times, while aggressive schedules prioritize maximum savings.

“ParkMyCloud has helped my team save so much on our AWS bill already, and SmartParking will make it even easier,” said ParkMyCloud customer Tosin Ojediran, DevOps Engineer at a FinTech company. “The automatic schedules will save us time and make sure our instances are never running when they don’t need to be.”

This release supports SmartParking for AWS resources, with near term plans to add Azure and Google Cloud SmartParking support as well.

About ParkMyCloud
ParkMyCloud is a SaaS platform that helps enterprises optimize their public cloud spend by integrating cost control into their DevOps processes and automatically reducing resource waste — think “Nest for the cloud”. ParkMyCloud has helped customers such as McDonald’s, Capital One, Unilever, Avid, and Sage Software dramatically cut their cloud bills by up to 65%, delivering millions of dollars in savings for customers using Amazon Web Services, Microsoft Azure, and Google Cloud Platform. For more information, visit http://www.parkmycloud.com.

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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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Miami, FL – ColoHouse Data Center, leading colocation provider and second most connected facility in Florida, announces the acquisition of one of their largest and longtime partners, Netrouting. Netrouting offers an extensive selection of colocation, managed cloud hosting, internet and metro services, as well as operates and owns two data centers in The Netherlands and several other Points of Presence in the US, Europe, and Asia.

“Our customers have always been our best market indicators in terms of product development and market trends. At ColoHouse, we could not be more excited to be acquiring Netrouting and to provide modern-cloud based alternatives, hybrid colocation options world-wide, and a full suite of managed IT services, including hosting and bandwidth,” says ColoHouse CEO, Paul Bint. “our customer feedback positions us at the top of the market in terms of service and value with a Net Promoter Score (NPS) of 73 in 2017. With the addition of Netrouting, we look forward to attracting more global customers with a full service offering paired with our world-class support.”


Netrouting is a comprehensive internet service provider with offices in The Netherlands and Miami, FL. Netrouting offers hosting and internet services out of some of the most prestige cyber cities in the world, such as Amsterdam, Frankfurt, Miami, New York and Hong Kong. Started in 2007, CEO and Founder of Netrouting, Savvas Bout, was quickly able to adapt and grow his business across borders to stay competitive and innovative in the ever-evolving IT landscape.

“I couldn’t be more thrilled,” says Netrouting CEO, Savvas Bout. “At Netrouting , we have always been about moving forward, about taking that next step. It is that ambition and drive that took us to expand globally – from Amsterdam to Stockholm, on to Miami and the rest of the world. The joining of our 2 companies will further strengthen our position as a global solutions provider and expand our reach into different markets.”

Savvas Bout will be joining the ColoHouse team as Chief Technology Officer and his staff will also be joining the organization.

The acquisition has been finalized and company integration plans will be executed over the course of 2018.

About ColoHouse
ColoHouse is leading provider of colocation services and is the second most connected facility in Florida. Focused on delivering quality infrastructure, services and support, Colohouse gives their customers the ability to allocate more resources toward their core business. Incorporated in 2007, ColoHouse strives to provide world-class support and top of the line facilities to ensure we can satisfy small businesses to global enterprises alike.

About Netrouting
Since founded in 2007, Netrouting has been committed to creating the new standard in the fast-evolving world of hosting. Over the years, Netrouting has grown into a premium hosting provider with datacenters in The Netherlands, Sweden and the United States. Netrouting’s goal has always been to make hosting accessible to everybody. With an experienced and knowledgeable team, Netrouting has been devoted to make technology work for their clients. Working every day to fulfill the mission critical IT demands and challenges of companies at a fair price.

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