Peak 10 + ViaWest is continuing to expand, pushing into the Northeast with the acquisition of a data center in the Philadelphia market.
ViaWest is a West coast company offering colocation, cloud services, and disaster recovery. The company was acquired by Peak10 in June 2017. In 2018 they rebranded as Flexential.
Headquarters: Greenwood Village, CO
Leading data center providers have begun building larger data halls, citing construction economics and the need to compete for larger deals.
The merger mania in the data center industry continued today as Peak 10 acquired ViaWest from parent company Shaw Communications in a $1.675 billion all-cash transaction.
With an unusual number of data center assets up for sale, investors and analysts say the likely buyers will be strategic acquirers seeking expansion, rather than private equity firms.