Data Center Finance: XBT Holding Ltd Acquires ColocateUSA

XBT Holding Ltd. announced in July that it will acquire ColocateUSA.

?XBT Holding CFO Rajesh Kumar Mishra said the integration of ColocateUSA into the company will be easier due to close working operations between the two organizaitons.

“ColocateUSA and XBT have shared, side by side, the same colocation provider for a long time. The lasting relationship guarantees a very smooth integration. Thus, removing the need for migration and allowing customers to rest assured that service quality will be high,” said Mishra. “The expected standard of operations can only go up. We believe that sharing our knowledge will elevate ColocateUSA and the holding as a whole.”

ColocateUSA is based in North Texas, an area well known for its rapidly growing tech sector, but the the strategic positioning of the company on an international level will be a benefit to XBT Holding. ColocateUSA specializes in online services and enterprise application development while XBT Holding is one of the fastest growing companies in the Internet infrastructure industry.

XBT Holding operates a worldwide proprietary network through five carrier-neutral data centers and 13 points of presence in the United States, Europe and Asia. They have offices in eight countries with more than 16,000 servers throughout seven subsidiaries. In an effort to ensure high speed international connectivity, XBT Holding partners with most major Tier 1 networks and offers 1.5 Tbps of connectivity.