Tech Company M&A Transactions
IO Data Centers Acquisition
IO Data Centers was acquired by Iron Mountain. The transaction was announced on 12/12/2017. The parties disclosed the acquisition price to be $1.4 billion.
Transaction Overview
Company Name
Acquired By
Announced On
12/12/2017
Transaction Type
M&A
Amount
$1,375,000,000
M&A Terms
Iron Mountain Incorporated (NYSE: IRM), the global leader in storage and information management services, today announced it has entered into a definitive agreement to acquire the U.S. operations of IO Data Centers LLC, a leading colocation data center services provider based in Phoenix, Arizona, for $1.315 billion plus up to $60 million based on future performance and subject to customary adjustments.
Company Information
Company Status
Acquired or Merged
Industry
Infrastructure
Mailing Address
615 North 48th Street
Phoenix, AZ 85008
USA
Phoenix, AZ 85008
USA
Phone
Website
Email Address
Overview
IO is a data center service company that utilizes the latest data center technology to deliver colocation and cloud services.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
George Slessman
Chief Financial Officer
Michael Berry
Chief Information Officer
Kevin Malik
Chief Technical Officer
William Slessman
VP - General Counsel
Karen Stein
VP - Sales
Jim Kleeman
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