TeraGo Networks Acquires Vancouver Data Center
February 13 2014 - 7:00AM
Marketwired
TeraGo Networks Acquires Vancouver Data Center
TORONTO, ONTARIO--(Marketwired - Feb 13, 2014) - TeraGo Inc.
(TSX:TGO) (www.terago.ca), a leading national broadband services
and colocation provider to businesses in Canada, announced today
that it has expanded its data center business in Western Canada
through the acquisition of a 7,000 square foot data center facility
in downtown Vancouver, B.C.
The acquisition of the Vancouver data center will provide TeraGo
with the capability to service the co-location and disaster
recovery needs of businesses through the BC Lower Mainland.
"TeraGo's strategy is to build and strengthen our position as a
leader in data center services as a complement to our broadband
services; expanding our data center presence in Western Canada
represents another significant step toward this objective," said
Stewart Lyons, CEO and President of TeraGo Networks. "The addition
of this Vancouver site contributes to our continued growth by
providing the tools that our small and medium business customers
need to do business. We are experiencing strong demand for data
center services, and this acquisition will assist us in meeting
customer requirements in British Columbia."
TeraGo Networks acquired Data Centers Canada (DCC) in May 2013
as a part of its strategic initiative to offer complementary
services to business and enterprise customers. The DCC facility in
Vaughan, ON is 16,000 square feet and provides data center
solutions to businesses, enterprises, public sector, and technology
service providers. The Vancouver facility will operate under the
Data Centers Canada brand.
Lyons concluded, "Combining data center services with our
extensive IP-based network allows us to enable businesses across
Canada to innovate and grow in a dynamic and fast-paced market. We
remain focused on continuing to drive growth, both organic and
through acquisition, in both broadband and data center
services."
About TeraGo Networks
TeraGo Networks Inc. provides businesses across Canada with data
services, including carrier-grade broadband communications, data
centre colocation and related products. TeraGo owns and manages a
national IP network servicing over 6,500 customer locations in 46
major markets across Canada and offers certified colocation and
disaster recovery solutions provided by Data Centers Canada, a
division of TeraGo Networks. TeraGo Networks is a Competitive Local
Exchange Carrier (CLEC) and is a wholly owned subsidiary of TeraGo
Inc. (TSX:TGO). More information about TeraGo is available at
www.terago.ca.
TeraGo Inc.Investor
Relations1.866.837.2461media@terago.cawww.terago.caLHAJody
Burfening / Carolyn Capaccio1-212-838-3777ccapaccio@lhai.com
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