PITTSBURGH and STAMFORD, Conn., Sept.
9, 2019 /PRNewswire/ -- RDX, one of the largest
independent cloud, database and application managed service
providers, and Charter Communications, Inc. (NASDAQ: CHTR)
announced today that RDX has completed the acquisition
of Navisite LLC from Charter. The Navisite acquisition
increases the depth of RDX's customer base, expands its global
network of data centers and adds hundreds of certified experts in
cloud-based infrastructure and application managed services. In
short, this acquisition solidifies RDX's global scale and rounds
out its service offering to meet the current and future technology
needs of the customers it serves.
"We are building RDX into a next-generation cloud provider, with
a unique portfolio of business-centric strategy and services," said
RDX Chief Executive Officer Mark
Clayman. "Our goal is to enable enterprises to shed the
constraints of legacy IT, so they can move to a cloud-driven model
of innovation, insight and enablement that drives their revenue,
margins and return on investment."
"We thank our colleagues at Navisite for their hard work and
dedication and wish them well as they join the RDX team," said
Phil Meeks, EVP and President,
Spectrum Enterprise. "With its shared mission, RDX will benefit
from Navisite's contributions as a trusted cloud service provider
to its clients and this divestiture will accelerate Spectrum
Enterprise's execution of its strategy to serve America's largest
businesses and communications service providers as a national
provider of scalable fiber-based technology solutions."
To accelerate its transformation, RDX has acquired three
companies over the past seven months. In addition to Navisite, in
February 2019, RDX acquired
database-as-a-service provider ClearDB, and Amazon Web Services
(AWS) database migration and management specialists clckwrk.
"Backed by Madison Dearborn Partners, we have made a number of
highly strategic acquisitions to fill our comprehensive portfolio
of mission-critical services and expertise," said RDX President and
Chief Operating Officer Gina Murphy.
"Our mission is clear: build the premier global technology services
provider that is capable of managing the most complex and
mission-critical IT environments."
Financial details of the transaction were not
disclosed.
About RDX
RDX is a premier cloud managed service provider with thousands
of customers worldwide. With a service offering spanning all IT
environments - on-premise, hosted, cloud and multi-/hybrid cloud -
RDX enables its customers to shed the constraints of legacy IT, so
they can move to a cloud-driven model of innovation, insight and
enablement that drives revenue, margins and ROI. More information
is available at https://www.rdx.com.
About Charter
Charter Communications, Inc. is a leading broadband communications
company and the second largest cable operator in the United States. Charter provides a full
range of advanced residential broadband services, including
Spectrum TV® programming, Spectrum Internet®, Spectrum Voice®, and
Spectrum Mobile™. Under the Spectrum Business® brand, Charter
provides scalable, and cost-effective broadband communications
solutions to small and medium-sized business organizations,
including Internet access, business telephone, and TV services.
Through the Spectrum Enterprise brand, Charter is a national
provider of scalable, fiber-based technology solutions serving many
of America's largest businesses and communications service
providers. Charter's advertising sales and production services are
sold under the Spectrum Reach® brand. Charter's news and sports
networks are operated under the Spectrum Networks brand. More
information about Charter can be found
at newsroom.charter.com.
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SOURCE Charter Communications, Inc.