Tampa startup acquires data center in $90M deal

  • By Business Observer Staff
  • | 2:33 p.m. May 14, 2015
  • | 0 Free Articles Remaining!
  • Tampa Bay-Lakeland
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TAMPA -- vXchnge has acquired eight data centers from Sungard Availability Services that will expand the Tampa-based data center provider's footprint to 15 North American markets.

Terms of the deal were not disclosed. However, CIT Group Inc. announced last week it loaned vXchnge $90 million for the purchase.

Sungard is based in Wayne, Pa., with additional offices in Canada, Europe and India.

 

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