Hosting.com Buys XO Irvine Data Center
December 27th, 2005 By: Rich Miller
Hosting.com has bought a California data center from XO Communications, the two firms have announced. Hosting.com, previously known as Express Technologies, did not disclose the sale price for the 36,000-square-foot square data center in Irvine, Calif. The company has existing facilities in Boston and its home base of Louisville, Ky. Hosting.com will add 15 positions as a result of the acquisition, according to president and CEO Darren King, who said the deal was financed by Harbinger Mezzanine Partners LP. He said the funding is in addition to the $3 million capital infusion Hosting.com received from the Nashville-based investment firm in early 2004.
The Irvine center, which was built at N+2 redundancy by XO, is only about 20 percent occupied at present.