- QTS expands its Santa Clara facility up to 70,000 square feet.
- Newly expanded facility offers up to 15 megawatts of power and SAS-70 type II certification.
- Underscores continuing market demand in, and QTS' ongoing commitment to, the Silicon Valley region.
- QTS receives additional $25 million in funding from global growth equity firm General Atlantic.
ATLANTA, Ga. (MAY 26, 2010) - QTS (Quality Technology Services), one of the nation's largest and fastest-growing providers of data center facilities and managed services, today announced that it has expanded its Santa Clara facility, offering Silicon Valley businesses up to an additional 70,000 square feet of data center space. The new expansion, which was showcased at a grand opening event in April, provides customers up to 15 megawatts of power, industry-leading design, energy efficiency, and SAS-70 type II certification. The expansion comes after an additional $25 million investment into the company by leading global growth equity firm General Atlantic, which was provided to facilitate additional growth and expansion of the QTS footprint nationally.
"QTS has seen an explosion in interest and a corollary growth in demand for the past few years," said Chad Williams, Chairman and CEO of QTS. "As such, we are continuing down a path of prudent acquisition and expansions to adequately meet the needs of our customers, both today and in the future. This most recent Santa Clara expansion demonstrates our commitment, both to our customers and to the community in which we work."
The new expansion is the result of continued interest in data center space overall and in the Northern California area specifically. Customers across a broad spectrum of business, including Web 2.0, media and entertainment, and multi-national corporations, are represented within QTS' current Santa Clara facility. The company has seen continued growth in interest for high-quality, outsourced data center facilities, prompting this most recent expansion.
"This follow-on investment is a testament to both QTS' continued ability to execute on the company's business plan and the overall strength of the hosting sector," said Bill Schafer, Chief Financial Officer of QTS. Schafer added, "We are pleased to have a strong, long-term partner in General Atlantic. Their support validates that QTS has the business model and the financial resources to continue to thrive in this dynamic marketplace."
"QTS' current footprint and service portfolio touch every major component in the data center and hosting markets, from large customized data center to colocation to managed services," said Phil Trahanas, managing director of General Atlantic and a director at QTS. "As such, QTS is the only player in the market today able to offer services across the hosting spectrum. We're pleased to partner with QTS to help move the company to the next level of business."
QTS' new Santa Clara two facility is open and will be ready for occupancy in the first quarter of 2011. For more information about QTS, visit http://www.qualitytech.com or call 877.241.9725.
QTS (Quality Technology Services) is a leading national provider of data center facilities and professionally managed IT, cloud computing and hosting services to enterprise businesses. With 12 locations in eight states, QTS owns, operates and manages more than 3.5 million square feet of secure, state-of-the-art data center infrastructure and provides mission-critical IT operations for performance and cost-efficiency. Global enterprises, financial companies, and services providers rely upon QTS's ITIL certified services organization and expertise to manage their mission-critical IT infrastructures. QTS uniquely combines customized data center solutions, colocation and fully managed hosting solutions to over 700 customers in the United States. For more information about QTS, please visit www.qualitytech.com or call toll free 866.210.8238.
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