Peak 10 Opens Third Atlanta Metro Data Center

PE cash in hand, provider continues expansion with new presence in southern business hub.

Data Center Knowledge

September 2, 2014

2 Min Read
Peak 10 Opens Third Atlanta Metro Data Center
Racks inside a Peak 10 data center (Photo: Peak 10)

Peak 10 has opened its third data center in the Atlanta market -- the first 15,000-square-foot phase of its facility in Alpharetta, an Atlanta suburb. The site can accommodate two more similar phases.

The data center adds to Peak 10’s existing 35,000-square-foot local presence. The company is seeing healthy growth in the area, and Alpharetta's tech profile is growing. The town has branded itself as “The Technology City of the South” and presents a rich market for Peak 10 to tap into the near future.

"Peak 10's reliable, scalable infrastructure is fully equipped to serve our technology-oriented employment community and help them grow," said David Belle Isle, mayor of Alpharetta. "As we create a culture of technology in Alpharetta, companies like Peak 10 that are enabling innovation and growth are a cornerstone of economic development."

The company already serves several hundred customers in the greater Atlanta area, including automotive retail business Kauffman Tire, MovieStop, a value retailer of new and used DVD and Blu-ray movies, and Curse, a large online gaming information property.

The new facility's first fully operational tenant is Lancope, a local provider of network visibility and security intelligence through contextual security analytics. Lancope has been a customer in Peak 10’s Norcross data center for more than years. It has secured space in the new data center as a way to increase security and redundancy of mission-critical data.

Peak 10 continues to expand across its footprint, recently adding space in Cincinnati as well as breaking ground on a 60,000-square-foot data center in Tampa, Florida.

The company was acquired by GI Partners, one of the largest private equity players in the data center market, earlier this year in a deal believed to be between $800 million and $900 million. The acquisition helped fuel aggressive but calculated expansion plans.

Atlanta has emerged as a front runner in business and technology innovation, being one of the country's leading markets for health IT companies, telecom and Internet security and emerging as a mobile payment epicenter.

"With the Atlanta market, we are witnessing a remarkable shift as this region becomes a magnet for technology and innovation driven by advancements of data-centric sectors from finance and mobility to logistics, retail and healthcare IT," said David Jones, chairman and CEO of Peak 10. "The convergence of these markets supported by data center and cloud services creates boundless growth potential for us and our customers here. As the region continues to expand, we will remain deeply interested and invested in their success."

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