MONTREAL and CHATHAM, ON – Root Data Center and independent telco TekSavvy Solutions are teaming up in a partnership that makes TekSavvy an anchor tenant and strategic investor in Root’s new Montreal-based colocation data centre.
TekSavvy’s investment in Root will ensure high availability and geographic redundancy for TekSavvy’s telecommunications services, and serve as a basis for building out TekSavvy’s managed services and Software-as-a-Service offerings, reads the news release. For Root, this investment, combined with that of other financial investors including Root’s management, will shore up long-term corporate stability and improve its ability to access future financing required to fuel corporate growth.
“TekSavvy’s established business is built on the same fundamental values as our own, offering customers exceptional services at fair prices,” said Root CEO Jason van Gaal, in the release. “We are delighted to be joined by TekSavvy, and look forward to the growth of our relationship.”
“Root is a company that focuses on offering high-value, reasonably-priced products that bring real competition to the marketplace,” added TekSavvy CEO Marc Gaudrault. “Our strategic investment in Root ensures that we can offer our customers even more reliable products and services in the future. Like us, Root is different in a good way. We’re happy to be a part of that.”
