Jan 15, 2019 | Posted by Eric Bell
DENVER, CO – STACK INFRASTRUCTURE (“STACK” or the “Company”), the data center company built from the ground up to address the technology infrastructure needs of rapidly scaling enterprises and hyperscale companies, today announced the launch of its newly established platform and strategy. Leveraging an industry-leading management team, STACK combines existing operating data centers in six U.S. markets with unparalleled expansion and development capacity. STACK is sponsored by IPI Partners, an investor in data centers and other technology and connectivity-related real assets.
STACK is committed to being the data center industry leader in building and delivering flexible critical infrastructure solutions that meet and support the complex requirements of enterprise and hyperscale deployments. The Company’s offering includes hyperscale campuses and build-to-suit data centers (“HYPER STACK™”), immediately available wholesale colocation and private data suites (“READY STACK™”), and powered shell options (“POWER STACK™”).
The existing STACK operating assets, totaling over 100 megawatts of capacity and approximately 1.5 million square feet in aggregate, include:
- Assets previously marketed under the Infomart Data Centers brand:
- Ashburn, Virginia
- Portland, Oregon
- Silicon Valley, California
- Other assets already owned by IPI Partners:
- Atlanta, Georgia
- Chicago, Illinois
- Dallas/Fort Worth, Texas (2)
STACK also owns development parcels in Atlanta, Chicago, Dallas/Fort Worth, Portland, and Silicon Valley available for additional future development, including data center campuses and build-to-suits. In addition, the Company will continue to expand in existing and new markets in the future to meet the growing demands of clients.
“The launch of STACK represents our collective vision, which is to address and support the full range of our clients’ critical technology infrastructure needs, both today and as they look to the future,” said Brian Cox, Chief Executive Officer. “Everything we do is designed to align our offering with our clients’ growth trajectories, so that we are always evolving to provide the solutions they need in the markets where they want to be.”
Mr. Cox joined STACK in October as Chief Executive Officer. To further support its growth, the Company has assembled a team purpose-built to implement its strategy, which includes a growing roster of veterans from both the technology and data center sectors. Key recent additions include Ty Miller, Donough Roche, and Rick Waddle who serve as Chief Revenue Officer, Chief Operating Officer, and Senior Vice President of Construction & Development, respectively. Mr. Waddle is the most recent addition to the senior leadership team. He heads STACK’s construction efforts to address increasing client demand and brings facilities operations and construction experience from senior roles at Dupont Fabros Technology and AOL. Additional strategic hiring announcements supporting the Company’s growth are expected to be made in the coming month.
“The launch of STACK is an important milestone in the execution of a carefully crafted strategy to bring a unique understanding of the needs of enterprise and hyperscale users to the market”, said Phil Koen, Chairman of the Board of Directors. “The board is incredibly pleased with the momentum that this team has achieved in such a short period of time and we are committed to supporting the business as it capitalizes on the numerous opportunities before it.”
