Rogers to Expand Data Centre Capabilities with Acquisitions of Pivot Data Centres and Granite Networks
TORONTO, Sept. 23, 2013 /CNW/ – Rogers Communications announced today
that it is acquiring Pivot Data Centres for cash consideration of $155
million, and Granite Networks for a cash consideration of $6.25
million. These two acquisitions, combined with the acquisition of
BLACKIRON Data earlier this year, position Rogers Business Solutions
(RBS) as a leader in data centre and hosting services. Together, these
two businesses currently generate annualized revenues of approximately
$30 million. Both Pivot Data Centres and Granite Networks provide
Rogers Business Solutions with unique opportunities to acquire
established data centre businesses with significant expansion capacity
in prime markets for these services.
“The addition of two high quality and growing data centre operations
will enable Rogers Business Solutions to expand the availability of its
reliable, and leading-edge data services,” said AJ Byers, President,
BLACKIRON Data. “Both organizations will enhance Rogers Business
Solutions BLACKIRON Data offering as customers in key markets will now
have access to expanded data capacity, managed and cloud service
offerings.”
Data centres and associated services provided by Pivot Data Centres and
Granite Networks will bring a high growth and complementary business to
Rogers Business Solutions. With these acquisitions, BLACKIRON Data,
part of Rogers Business Solutions, will own and operate data centres in
Ottawa, Toronto, Edmonton and Calgary that will meet Uptime Institute’s
Tier III standards.
Pivot Data Centres is a leading independent colocation data centre
company in Western Canada that operates three colocation facilities in
Calgary and Edmonton, with capacity of more than 130,000 square feet.
In the coming months, Pivot Data Centres will open two additional
state-of-the-art colocation data centres with over 110,000 square feet,
expanding capacity by approximately 85 per cent. Today, over 100
enterprise customers and government agencies rely on Pivot’s tailored
and flexible data centre services. Definitive agreements for the Pivot
Data Centres acquisition have been executed and closing is expected
during October 2013, subject to customary closing conditions.
Based in Ottawa, Ontario, Granite Networks provides flexible
collocation, managed services and cloud hosting services to business
and government clients in Eastern Ontario and Western Quebec. The
acquisition of Granite Networks has been completed.
Earlier this year, Rogers announced the acquisition of BLACKIRON Data to
expand its data centre and cloud-based business solutions. As a
division of Rogers Business Solutions (RBS), BLACKIRON is a pure-play
provider of data centre, cloud computing and managed services in
Canada.
Rogers Business Solutions (RBS), a division of Rogers Communications,
provides Canadian enterprises and partners with network connectivity
using its fibre, cable and wireless assets to support a range of
leading-edge voice, data and networking services solution. Rogers
Business Solutions owns and operates a transcontinental network with a
100 percent digital fibre optic backbone and strategic interconnect
points to the United States and overseas for seamless, cross-border and
international coverage. With an extensive customer base including
commercial, government and financial enterprises, RBS offers scalable
business communications services backed by a team of industry leading
technical experts. To learn more about Rogers Business Solutions,
visit www.rogersbusinesssolutions.com.
About Rogers
Rogers Communications is a diversified Canadian communications and media
company. We are Canada’s largest provider of wireless voice and data
communications services and one of Canada’s leading providers of cable
television, high-speed Internet and telephony. Through Rogers Media we
are engaged in radio and television broadcasting, televised shopping,
magazines and trade publications, sports entertainment, and digital
media. We are publicly traded on the Toronto Stock Exchange (TSX: RCI.A
and RCI.B) and on the New York Stock Exchange (NYSE: RCI).
Caution Regarding Forward-Looking Statements, Risks and Assumptions
This release includes “forward-looking information” within the meaning
of applicable securities laws and assumptions concerning the closing of
an acquisition as detailed above. We caution that all forward-looking
information is inherently subject to change and uncertainty and that
actual results may differ materially from those expressed or implied by
the forward-looking information. A number of risks, uncertainties and
other factors could cause actual results and events to differ
materially from those expressed or implied in the forward-looking
information or could cause our current objectives, strategies and
intentions to change, including but not limited to various regulatory
approvals. Many of these factors are beyond our control and current
expectation or knowledge. Should one or more of these risks,
uncertainties or other factors materialize, our objectives, strategies
or intentions change, or any other factors or assumptions underlying
the forward-looking information prove incorrect, our actual results and
our plans could vary significantly from what we currently foresee.
Accordingly, we warn investors to exercise caution when considering
statements containing forward-looking information and that it would be
unreasonable to rely on such statements as creating legal rights
regarding our future results or plans. We are under no obligation (and
we expressly disclaim any such obligation) to update or alter any
statements containing forward-looking information, the factors or
assumptions underlying them, whether as a result of new information,
future events or otherwise, except as required by law. All of the
forward-looking information in this earnings release is qualified by
the cautionary statements herein.
SOURCE Rogers Communications Inc.