NORWALK, Conn. — 365 Data Centers acquired Atlantic Metro Communications. The acquisition adds a data center facility in Herndon, Virginia, along with partner-operated colocation space and available power in northern Virginia and Los Angeles. The transaction delivers 65 additional network points of presence (PoPs), particularly in the Boston, New York, New Jersey, Philadelphia, and Virginia metro markets as well as several international locations. The deal also contributes cloud platforms in New York, New Jersey, Virginia, Miami, and Los Angeles.
“This transaction is a milestone event for both companies,” said Bob DeSantis, CEO, 365 Data Centers. “365’s acquisition of a highly respected business with a track record of providing customers with high-touch, hybrid infrastructure solutions is a tribute to Atlantic Metro’s management and employees, who will become part of the 365 team. For 365, this acquisition expands our geographic and infrastructure footprint; complements our existing IaaS offerings; and significantly increases our customer base, revenue, and cash flow — all of which greatly benefits our customers. 365 remains strategically disciplined with a focus on network-centric colocation assets and complementary network and virtual services in edge markets within the northeast quadrant of the United States, Tennessee, and Florida.”
Atlantic Metro’s founders and key leaders will join the 365 executive team, reporting to DeSantis. Stephen Klenert has been named 365’s senior vice president of customer solutions and implementation; James Cornman becomes 365’s chief technology officer; and Steve Oakie joins 365 as senior vice president of sales and marketing.
“The product knowledge and expertise of these industry veterans will be invaluable as we quickly integrate into one, robust 365 brand,” DeSantis said.
“Since 2011, we’ve built a company that we’re very proud of and did it without a lot of capital,” said Matthew Lombardi, CEO of Atlantic Metro. “This transaction will enable continued growth through increased investment in infrastructure and managed services. 365 has a talented team of experienced investors, operators, and technologists who share our vision and bring enterprise-scale resources. This combined technology platform provides 365 with an advantage at an exciting time in our industry.”