APPLICATION INFRASTRUCTURE, WINDOWS SERVER OS
US Signal and Igneo Infrastructure Partners | February 20, 2023
Igneo Infrastructure Partners, a worldwide infrastructure investment manager with assets under management of $16.5 billion, has completed the acquisition of US Signal Company, LLC, a distinguished provider of data center and network solutions.
Partner and co-head of Igneo in North America, Michael Ryder, said, "Igneo enters 2023 with strong momentum. We are excited to add US Signal to our growing portfolio in North America, where we continue to see strong tailwinds in the digital infrastructure sector." He added, "This is our third global investment in the digital sector. Our focus remains on high-quality, mid-market, critical infrastructure businesses like US Signal."
(Source – PR Newswire)
U.S. Signal, headquartered in Grand Rapids, Michigan, offers an array of services including network, data center, cloud hosting, connectivity, data protection, disaster recovery, and colocation to both sizeable national telecommunications carriers and regional enterprise customers. US Signal serves a broad customer base with eight data centers in the upper Midwest and a fiber network spanning 9,500 route miles across nine states.
This acquisition marks Igneo's initial foray into the U.S. telecom sector and the fourth platform asset in North America. In the past four years, Igneo has invested over US$2.0 billion of capital in companies such as Terra-Gen, Rialto Bioenergy, and Patriot Rail.
About US Signal
US Signal offers cutting-edge technology solutions for data centers, cloud services, and managed services that assist businesses in updating their IT operations and adapting to evolving technological and business demands. By leveraging a range of services such as colocation, IT infrastructure, data management, disaster recovery, endpoint monitoring, and security, US Signal can cater to even the most intricate technical requirements. US Signal's comprehensive fiber network powers all of these services, ensuring secure and reliable connectivity. The network is expertly designed to optimize edge computing, enabling private WAN connections and one-hop access to the internet via Tier 1 upstream relationships and direct connections to hyper-scale cloud providers.
About Igneo Infrastructure Partners
Igneo Infrastructure Partners is a globally recognized investment firm that focuses on investing in exceptional mid-market infrastructure companies across various regions, including the UK, Europe, North America, Australia, and New Zealand. Being an independent investment team under the First Sentier Investors Group, Igneo has built a robust reputation for partnering with companies and providing value to investors. Since its establishment in 1994, the firm has honed its expertise in identifying promising investment opportunities in the infrastructure space and has consistently delivered exceptional results. The team prides itself on its capability to work closely with portfolio companies, implementing innovative solutions and proactive asset management practices that foster long-term sustainable growth.
HYPER-CONVERGED INFRASTRUCTURE,APPLICATION STORAGE
Leviton | January 06, 2023
Leader in electrical, lighting, and networking systems, Leviton, has made significant headway in its five-year, $80 million worldwide capital investment plan for its Network Solutions vertical.
Leviton's investment in the Network Solutions business unit will solidify its $202 million acquisition of Berk-Tek in 2020, will increase its production capacity worldwide, and establish Leviton as one of the leading end-to-end makers of copper and fiber network infrastructure systems.
The new expansion project of the Leviton fiber optic cabling manufacturing facility in Fuquay-Varina, North Carolina, makes up a sizeable chunk of the investment strategy. Construction of the project began in December 2022. Once finished in 2024, the facility will be equipped to support single mode cables, made-to-order fiber optic cable assemblies and long-term growth of multimode cables.
In addition to this vast expansion, Leviton has implemented the following key advancements:
Leviton's ATLAS-X1TM and EXTREMETM solutions have grown globally. Indeed, that doubled capacity in 2021 to meet worldwide demand.
Additionally, Leviton added state-of-the-art technology at its Glenrothes (Scotland) manufacturing facility to improve capacity and deliver a uniform global specification for Category 6A cabling.
Installing the optical fiber cable in the second quarter of last year, Leviton armored in sales support of this rapidly growing product line, including pre-terminated data center solutions in its NC factory.
Leviton designs innovative products across multiple industries, including electrical, lighting, and networking, to improve people's lives in several ways. Isidor Leviton immigrated from Russia to the United States in 1906, started a modest tinsmithing business, and founded Leviton, promising to remain committed to thinking and growing, innovative in creating new products, dedicated to giving safer life to communities throughout the world and adhere to UL standards in producing high-quality products.
APPLICATION STORAGE, STORAGE MANAGEMENT
Service Express | March 08, 2023
On February 7, 2023, Service Express, a prominent data center solutions provider, announced the acquisition of ServIQ. This investment enhances Service Express' channel partner program and offerings.
ServIQ, founded in 2004, provides support for multivendor data centers for Fortune 500 companies and enterprises all over the world. ServIQ gives Service Express access to a group of skilled sales, service, engineering, and customer support professionals, all of which have a combined 19 years of experience in the relevant business.
Jeff Reale, Owner of ServIQ, noted, "This is a major step for ServIQ and we're honored to have the support of Service Express as we transition into the next phase of our business."
(Source – CISION PR Newswire)
Meanwhile, Ron Alvesteffer, President and CEO of Service Express, said, "We look forward to welcoming ServIQ customers and employees to Service Express!" He added, "Service Express' purpose is to provide the best experience for our customers, partners and employees, and ServIQ provides an opportunity for us to expand our partnerships and customer base."
(Source – CISION PR Newswire)
About Service Express
Service Express is a well-known data center solutions provider, established in 1993, and headquartered in Kentwood, Michigan, specializing in multivendor maintenance, hybrid cloud, and managed infrastructure. Service Express values its people-powered culture and employee development. Forbes, Glassdoor, Best & Brightest have honored Service Express.