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August 9, 2006 – (TopHosts News Brief) – Peak 10, Inc. announced today that it has acquired RenTech, a Nashville-based data center operator and outsourcing firm for information technology services.
The move will enhance Peak 10’s industry status, its geographic diversity, and comprehensive portfolio of products and managed services. With the acquisition, Peak 10 will now own and operate eight data centers in six key market locations. The parties did not yet disclose the terms of the acquisition.
“This is a strategically significant move for Peak 10, as we continue to scale our business through financially sound acquisitions, aggressive facility expansions and consistent organic growth,” David Jones, president and chief executive officer of Peak 10, said in a dBusinessNews.com release. “With this acquisition, we merge the knowledge and expertise of two entrepreneurial organizations and move forward with a strong commitment to the Nashville market, focusing on growth and exceeding customer expectations.”
“The acquisition of RenTech by Peak 10 creates significant value for our customers and employees,” Kenneth D. Nelson, chief executive officer of RenTech, said.
For more on Peak 10 visit www.peak10.com.
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