CBRE Group, Inc. To Acquire Romonet
CBRE Group, Inc. announced that it has acquired the assets of Romonet Limited, a leading advanced analytics software company which provides technology and consulting services for large global data center operators. Romonet’s team of professionals will join CBRE as part of the acquisition.
Founded in 2008 by data center technology pioneers Zahl Limbuwala and Liam Newcombe, Romonet is based in the UK and serves clients across the globe.
Romonet uses a patented cloud-based technology to unlock efficiencies and increase capacity at data centers. Romonet will be integrated into CBRE’s global Data Center Solutions offering.
“Romonet adds complementary market-leading solutions to our existing platform and will help us to deliver highly differentiated outcomes for our clients across the globe,” said John Dunstan, president, Data Center Solutions at CBRE.
“The data center market continues to rapidly evolve and scale, and automation is increasingly critical. Joining CBRE’s leading global data centers team will allow us to provide worldwide support and capability for our clients,” said Limbuwala, co-founder of Romonet.
“We are not only excited about Romonet’s technology, which will add to our market differentiation, but also the phenomenal talent that will join CBRE,” said Sandeep Davé, chief digital and technology officer for CBRE’s Global Workplace Solutions business.