News Summary
Colohouse has completed its acquisition of Hivelocity, a Tampa-based bare metal hosting provider. This strategic merger aims to enhance customer offerings by combining Colohouse’s infrastructure with Hivelocity’s services. With smoother integration and a focus on innovation, they plan to launch new hybrid cloud solutions to meet growing business demands. As Hivelocity boasts over 40 data center locations worldwide, this merger solidifies Colohouse’s presence in the tech landscape, paving the way for groundbreaking infrastructure solutions.
Exciting News from Tampa: Colohouse Swallows Up Hivelocity!
In a move that’s stirring up the tech world, Colohouse, a prominent player based in sunny Miami, has officially completed its acquisition of Hivelocity, a well-known provider of bare metal hosting nestled in Tampa. This strategic acquisition went through in April 2024, though the details surrounding the financial aspects of the deal are still under wraps. But don’t worry; we’ve got the scoop on what this means for both companies!
The Power of Two
This merger is all about enhancing offerings for customers. By combining Colohouse’s existing infrastructure with Hivelocity’s cutting-edge bare metal servers and robust cloud solutions, the two firms are ready to offer something special. Imagine getting faster, more comprehensive services all in one place; that’s exactly what Colohouse and Hivelocity plan to deliver. And with Hivelocity launching virtual dedicated servers that function just like physical servers, it’s clear they’re firing on all cylinders this year!
Seamless Integration
What’s refreshing is how smoothly the integration process has gone—they’re not just merging companies, they’re blending expertise and talent to turbocharge their services. With this collaboration, Hivelocity now has a stronger footing to cater to a more diverse range of infrastructure solutions, including full-service hybrid cloud offerings. This means a wider network and more options for clients looking for flexibility and efficiency in their IT solutions.
Years of Experience
Hivelocity has been making waves since it opened its doors in 2002 and now boasts over 40 data center locations spread across six continents. Talk about a global reach! This acquisition marks a significant milestone as it is Colohouse’s seventh purchase since coming under the wing of New York’s Valterra Partners in 2021. Clearly, Colohouse is building something big, and this acquisition is a huge part of that puzzle.
Focus on Infrastructure Excellence
The leadership is excited about the possibilities. Colohouse’s CEO is all about delivering top-tier IT infrastructure services, while the big boss at Hivelocity underscores their mission to simplify hosting and elevate the overall customer experience. With the two teams working together, they’re set to enhance their capabilities dramatically.
Future Innovations
Looking ahead, there’s a new private cloud offering on the horizon, expected to launch in early Q3 2024. This offering, aimed at enterprise virtualization environments, will support businesses tackling complex applications—expanding their capabilities just keeps getting better!
Meeting Modern Demands
As businesses increasingly move towards hybrid cloud solutions, the combined power of Hivelocity and Colohouse means that organizations will be well-equipped to handle modern workloads. Customers can expect state-of-the-art infrastructure, enhanced security measures, and modern application management capabilities that are tailor-made for today’s digital landscape.
Expert Guidance
In the background, DH Capital played the role of financial advisor while Gunster took care of the legal side for Hivelocity during this transition. Notably, as part of the deal, William LaPerch will be joining the Board of Directors, adding even more expertise to the team.
Big Strategies in Play
Valterra Partners’ managing director has mentioned how this merger aligns with a greater strategy to create a distinctive hybrid cloud provider. With multiple acquisitions under their belt, they’re clearly aiming to stand out in a competitive space.
Conclusion
So, there you have it! Tampa’s tech landscape is buzzing with excitement as Colohouse and Hivelocity embark on this new journey together. Expect to see some groundbreaking solutions and enhancements in the months to come as they combine their strengths and continue to innovate in the infrastructure space. With collaboration at its heart, the future looks bright!
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Additional Resources
- PR Newswire: Colohouse Strengthens Portfolio with Acquisition of Hivelocity
- Data Center Dynamics: Valterra Partners-Owned Colohouse Acquires Hivelocity
- Business Observer: Tech Infrastructure Firm Acquisition
- Google Search: Hivelocity acquisition
- Business Wire: Hivelocity Completes Full Integration
- Wikipedia: Cloud computing
Author: STAFF HERE TAMPA WRITER
The TAMPA STAFF WRITER represents the experienced team at HERETampa.com, your go-to source for actionable local news and information in Tampa, Hillsborough County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Gasparilla Pirate Festival, Florida State Fair, and Tampa Riverfest. Our coverage extends to key organizations like the Tampa Bay Chamber of Commerce and United Way Suncoast, plus leading businesses in healthcare, finance, and technology that power the local economy such as BayCare Health System, Grow Financial Federal Credit Union, and KnowBe4. As part of the broader HERE network, including HEREJacksonville.com, HEREOrlando.com, HERESTPetersburg.com, and HERETallahassee.com, we provide comprehensive, credible insights into Florida's dynamic landscape.
