Florida is a recognized hotbed for data centers. Cities with especially attractive ecosystems for data center investment include:
- Miami
- Jacksonville
- Orlando
- Tampa
Florida colocation providers have proven to be especially lucrative opportunities for capital investment. Significant deals, including some major acquisitions of late, have taken place in Florida. Let’s take a look at some of the colocation service providers that have secured financing to accelerate their growth and competitive position.
Colo5 Acquired by Cologix
Colo5 and its two data centers in Jacksonville and Lakeland attracted enough capital from Cologix to be acquired.
Lakeland, about four hours northwest of Miami, is located close enough to Miami to serve one of the hottest internet hubs in the United States. It is also centrally located between Orlando and Tampa so that it can be a primary or secondary IT operations center for many of Florida’s largest businesses.
Cologix, with its twenty-one data centers in North America, made a strategic acquisition in Florida, providing long-haul services to Dallas and Atlanta. The locations they chose to invest in are more hurricane-proof than Miami, and the facilities were purpose-built for business continuity and colocation services.
Equinix Miami Colocation
Serving lucrative Latin American cities and as one of the largest internet exchanges in the world, Miami is home to many of the most lucrative investment opportunities in the colocation industry.
As a publicly traded company, Equinix has made investment opportunities very accessible.
Peak 10 (Flexential)
With locations in Jacksonville (headquarters), the Miami/Fort Lauderdale area, and Tampa, Peak 10 has been a successful data center and colocation services provider for over fifteen years. The Gartner Data Center Magic Quadrant has recognized it and has two major capital investment companies as major shareholders: GI Partners and Welsh, Carson, Anderson & Stowe.
Peak 10 has gained the confidence of investors through its reliable services and certifications for standards such as HIPAA, PCI DSS, and Service Operator Control compliance.
Its Florida colocation services are recognized as reliable and secure – with more than half of its revenue growth coming from existing customers.
The Bottom Line
Florida is a lucrative market for investment in colocation services. Service providers offer many business continuity-, as well as primary and secondary IT infrastructure management- services for clients in Latin America and the Southeastern United States.
Colocation providers are gaining the attention of capital investors, and the internet exchange in the state is growing rapidly.
Are you aware of a Florida colocation provider we’ve missed which has attracted capital investment worth noting? Tell us about them in the comments section below!
Submit a comment