TierPoint Acquires Philadelphia Technology Park (PR)

Jun 19, 2014 | Posted by admin

ST. LOUIS--TierPoint, LLC, today announced it has expanded its national data center footprint with the acquisition of Philadelphia-based Philadelphia Technology Park, LLC (PTP). The 25,700 sq. ft. data center is located within the Philadelphia Navy Yard and is an SSAE 16 Type II audited facility with N+1 power delivery systems.

Philadelphia Technology Park will immediately be branded as TierPoint. The acquisition is the sixth for TierPoint, LLC, previously known as Cequel Data Centers. With its prior acquisitions – including facilities in Dallas, Spokane, Seattle, Oklahoma City, Tulsa and Baltimore – TierPoint now owns and operates more than 141,000 square feet of raised-floor, data center space.

“Philadelphia Technology Park is a premier Tier 3 data center in a fast-growing technology market,” said Paul Estes, CEO of TierPoint. “Philadelphia is a top-five technology employment market with a rapidly growing e-commerce ecosystem and with strong job growth. This move not only strengthens our presence in the Mid-Atlantic region, but it is an excellent fit for us strategically as we continue to build our national network of data centers to meet the growing demand for colocation, cloud and managed services,” said Estes.

Philadelphia Technology Park is a carrier-class, carrier-neutral high density data center that opened in 2010. The facility was built to meet the requirements of the Uptime Institute for scalable power, cooling infrastructure and enhanced security.

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