MONTREAL – Cogeco Cable Inc. is merging its Cogeco Data Services and Peer 1 Hosting subsidiaries into a new segment known as Enterprise Data Services.
Cogeco Data Services is a provider of fully managed hybrid information communication technology solutions, while Peer 1 Hosting, acquired in 2013, is a web hosting provider. With 20 data centres and over 50 points-of-presence, the combined business delivers data transport, colocation, cloud and managed services, and dedicated hosting to businesses across Canada, the United States and Western Europe.
“The combination of Cogeco Data Services and Peer 1 Hosting represents a growth opportunity for Cogeco Cable and builds on our current strength in the thriving Enterprise Data Services sector," said Cogeco president and CEO Louis Audet, in Tuesday’s announcement. "By bringing the teams and capabilities of CDS and Peer 1 together, Cogeco's Enterprise Data Services segment is well positioned to increase operational efficiencies and be a key player in the market.”
Audet added that Tony Ciciretto, president and CEO of Cogeco Data Services and Peer 1 Hosting, will continue to be responsible for leading this portion of the business.
The combined business is headquartered in Toronto, with major branch offices in Montreal and Vancouver, San Antonio, Atlanta and Miami, in the United States, and London and Southampton, in the United Kingdom. Most of the activities related to this transition will occur within the next 12 months.
