Hosted
Solutions Acquires Redundant Networks [July
21, 2004]
RALEIGH,
N.C. – July 21, 2004 – Hosted Solutions,
formerly Springboard Managed Hosting, the Carolina’s
leading data center and managed hosting company, has
acquired the 14,000 square-foot North Raleigh data center
and client base of competitor Redundant Networks, and
plans to add at least 10 new IT jobs in the coming months
as a result.
Headquartered
in Cary, North Carolina, Hosted Solutions cites strong
market demand as the catalyst behind the purchase of
the state-of-the-art data center with12,000 square-feet
of custom cages and rack space and an additional 2,000
square-feet of office space. Hosted Solutions also owns
and operates an 11,000 square-foot facility in Cary,
and a 15,000 square-foot facility in Charlotte, which
is a sister facility to the newly acquired North Raleigh
location. The Charlotte and Raleigh facilities were
designed and built to operate together, and interconnected
with the 4th largest backbone provider in the world,
are widely considered by many industry observers to
be the most advanced data centers in the southeast.
“This
acquisition clearly gives us the largest footprint in
the Carolinas, and meets all of our criteria for what
we feel is needed to be a successful operator in our
space. We acquired a facility rich in technology assets
at an attractive entry price that we feel we can really
leverage,” Chief Executive Officer Rich Lee says.
“While
most of our competitors took a build it and they will
come approach, we have taken a buy it as growth dictates
approach,” President Chris Hanks says. “We
now profitably operate three of the most advanced data
centers in the Carolinas, and we believe in proven results.”
“This expansion in the Raleigh
market is a testament to our reliability, our unparalleled
technical support, and our financial stability”
Hanks says. “The Raleigh facility positions Hosted
Solutions as the leading provider of managed and dedicated
hosting solutions in the Carolinas.”
Hosted
Solutions’ full suite of services includes Collocation,
Fully-Managed Servers, Dedicated Servers, Business Continuity
Services, Enterprise Backup, Managed Firewall and Intrusion
Detection Security Protection, Load Balancing, High
Availability Clustering and Comprehensive 24x7x365 Monitoring
and Management of e-commerce infrastructures.
###
About Hosted Solutions
Hosted Solutions, formerly known as Springboard Managed
Hosting, provides complete and customized managed and
dedicated Web hosting solutions to more than 300 clients.
Hosted Solutions offers unmatched technical expertise
in best practices and best-of-breed technologies, as
well as flexible, scalable packages and a la carte services.
For more information about Hosted Solutions’ offerings
contact sales@hostedsolutions.com, call 919-852-0690
in the Research Triangle, 704-423-9174 in Charlotte,
or visit www.hostedsolutions.com |
