Host Networks BNE1: 3D Pioneer Systems acquires Host Networks

Jun 24, 2021 | Posted by Eric Bell

3D Pioneer Systems-DPSM just acquired Host Group of Companies Pty Lt for $2.6 million. Host Group operates a data center on Brandl Street, Eight Mile Plains, Brisbane. Besides, the facility has a capacity of 125 cabinets, and it can be upgraded to 200 cabinets. Also, the data center offers cloud, colocation, and hosting services.

Director of Host Networks, James Kenneth, says the Company is happy to have entered into an agreement with 3D Pioneer Systems-DPSM. He said that the increase in data storage and security demand since the pandemic started necessitated an expansion. He further added that the extra resources from the deal would help grow the Company’s operations.

CEO of 3D Pioneer Systems-DPSM, Patrick St-Pierre, also said that Host Group would complement its cybersecurity and data activities. He also noted that the technical and human resources of Host Group would improve the Company’s existing operations.