TORONTO – Rogers Business Solutions is beefing up its data centre capabilities with the purchase of Pivot Data Centre and Granite Networks.
The company said Monday that it is acquiring Pivot Data Centres for cash consideration of $155 million, and Granite Networks for a cash consideration of $6.25 million. Together, these two businesses currently generate annualized revenues of approximately $30 million.
Pivot Data Centres is an independent colocation data centre company in Western Canada with three colocation facilities in Calgary and Edmonton and over 100 government agencies and enterprise customers. In the coming months, it will open two additional colocation data centres, expanding capacity by approximately 85%. Definitive agreements for the Pivot Data Centres acquisition have been executed and closing is expected during October 2013, subject to customary closing conditions.
Based in Ottawa, Granite Networks provides flexible collocation, managed services and cloud hosting services to business and government clients in Eastern Ontario and Western Quebec. The acquisition of Granite Networks has been completed.
