HP has signed a definitive agreement to acquire EYP Mission Critical Facilities Inc. (EYP MCF), one of the leading data center design and engineering firms. HP said the acquisition will help its customers equip their data centers for improved energy efficiency and high-density environments. Financial terms of the transaction were not disclosed.
EYP MCF is headquartered in New York and has approximately 350 employees with 13 offices in the United States and the U.K. The company has designed hundreds of technology-intensive mission critical facilities. EYP MCF's expertise in green data center design and energy efficiency was a driver in the deal, as it aligns with HP's extensive power and cooling solutions, such as Dynamic Smart Cooling.
"The data center is the foundation of IT for enterprises, an essential building block for driving business growth and adapting to changing business objectives," said John McCain, senior vice president and general manager, HP Services. "Acquiring EYP Mission Critical Facilities boosts HP's ability to help customers transform their data centers and build dynamic computing environments from the ground up."
"Worldwide data center requirements are rapidly growing, with significant year-over-year increases in power consumption, which is fueling demand for energy-efficient power and cooling strategies," said Peter Gross, chief executive officer of EYP MCF. "HP and EYP Mission Critical Facilities will drive innovation by integrating IT infrastructure into the planning and design of the data center, enabling the customer's whole organization to be more energy efficient and adaptive."
EYP staff are familiar to many in the industry for their presentations at conferences. Gross has spoke often on the advantages of DC power distribution in data centers, while Richard Sawyer has given well-received presentations on managing risk from the emergency power off (EPO) button.
The deal is subject to certain closing conditions and is expected to be completed within HP's first fiscal quarter.