Five 9s Advises On The Sale of Indiana-Based Data Cave To Immedion
Immedion Expands Again With Data Cave Acquisition
Data Cave, based in Indiana, successfully sold its colocation and data center solutions business to Immedion which now brings Immedion's footprint to 8 data center operations in 7 markets. Data Cave opened its purpose-built 86,400 SF data center in 2010 serving customers throughout the Indianapolis, Bloomington, Louisville, Evansville and Cinncinnati metro areas.
Immedion, founded in 2007, is a data center services and infrastructure-as-a-service (IasS) provider that helps local and national companies keep their data, systems and applications safer, secure and always accessible. The Data Cave acquisition adds to its existing Southeast and Midwest data center operations. Immedion's most recent previous acquisition was Cinncinnati-based data center operator, Appica. www.Immedion.com.
Five 9s Digital was engaged by Data Cave to market and advise on the sale which included a national marketing campaign and top-ranking candidate selection to carry on the successful data center solutions platform built by Data Cave over the past eight (8) years of operations.