Root Data Center signs TekSavvy as strategic investor, anchor colocation client

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...