DataBank acquires cloud service provider Edge Hosting
DataBank has acquired cloud hosting company Edge Hosting, which specialises in designing, operating and simplifying secure and compliant IaaS and PaaS Managed Cloud Hosting.
The deal will provide market expansion and additional expertise in the delivery of cloud solutions and managed services.
"Edge has built a great reputation for superior technical capabilities and proactive managed services throughout the industry," said Raul K. Martynek, CEO of DataBank.
"We plan to utilise the Edge team’s technical and process expertise to enhance our current managed service offerings, nationwide."
With "incredible synergies" between the two companies, Edge's CEO Vlad Friedman commented that he is "very excited" about the direction that was going to be taken.
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Friedman will transition to become the Chief Technology Officer of DataBank and will help lead product development for the new, combined company.
"DataBank is force-multiplier for us," said Friedman. "This deal will help open new doors for the Edge team and our customers."
"The diverse client-base of large enterprise accounts, as well as DataBank's large national footprint of top-tier data centre facilities, will help drive us forward."
Operating data centres across the US, DataBank has secured its position as a leading provider of cloud services, as well as providing enterprise-class data centre and interconnectional services.
Baltimore-based Edge Hosting, founded in 1998, pioneers outcomes-based strategy into managed hosting, growing over 20 years into a full service hosting and cloud service provider.
Edge Hosting also delivers comprehensive operational coverage of controls for FedRAMP, HIPAA/HITECH, PCI, SSAE 16/18 SOC 2 Type II and EU Privacy Shield Frameworks.