Managed hosting provider Peak 10 Inc. will open a new 22,000 square foot data center facility in West Chester, Ohio, a suburb of Cincinnati, the company said Thursday. The new market reflects a continued broadening of the geographic focus of Peak 10, which has focused on second-tier markets in the Southeastern US.
"Peak 10's expansion into Cincinnati aligns with our business strategy of scaling our business through select new market development and consistent organic growth," said David Jones, president and chief executive officer of Peak 10. "Peak 10 will deliver world-class managed services and skilled, around-the-clock data center support services to high-growth, small-to-midsize businesses (SMBs) in the Greater Cincinnati and Dayton region."
The company has added three new markets in 2007 - Atlanta, Richmond and now Cincinnati. Peak 10 has also added additional capacity and infrastructure in Raleigh and Charlotte in its home base of North Carolina; Jacksonville, Fla.; and Nashville, Tenn.
"Our continued drive to enter new markets and expand in established ones is owed to our experienced and dedicated management team and their commitment to scale the business in a disciplined manner, leveraging our strong balance sheet and rising cash flow," said Kevin Brandon, Peak 10 board Chairman. "Peak 10 has positioned itself for continued growth and is the market leader in delivering high availability enterprise-class data center and managed services to SMBs."
The company says its growth has been driven by strong demand for data center services from small and medium business customers in growing cities. "We continue to expand our scale without diminishing our core value proposition