Cogeco_Peer_1

Aptum Technologies

Aptum Technologies

Managed services provider

Aptum Technologies, formerly Cogeco Peer 1, is a provider of services for data centers and cloud computing.[1] The company is headquartered in Toronto, Ontario, Canada.[1]

Quick Facts Company type, Industry ...

History

Peer 1 Network Enterprises was founded in 1996 in Vancouver, British Columbia, and funded in 2003.[2] In 2004, Peer 1 acquired ServerBeach for about US$7.5 million. ServerBeach was based in San Antonio, Texas, founded in January 2003 by Rackspace co-founder Richard Yoo.[3] ServerBeach had hosted video site YouTube until December 2007.[4] In 2005, Peer 1 acquired Interland, Inc. assets in the USA for about US$14 million, and an investment of US$ 36 million, led by Celerity Partners, of Menlo Park, California.[5] By 2010 Peer 1 was doing business as Peer 1 Hosting, listed as a public company on the Toronto Stock Exchange with symbol PIX, reporting yearly revenues of about CDN$98 million.[6] In 2012, Peer 1 acquired UK hosting provider NetBenefit for 25 million pounds, from Group NBT Limited.[7]

Cogeco Cable purchased Peer 1 Hosting in December, 2012.[8] It formed Cogeco Peer 1 specializing in managed hosting, dedicated servers, cloud services and colocation.

On February 27, 2019, Cogeco agreed to sell Cogeco Peer 1 Inc. to the investment firm Digital Colony. The deal closed on May 1, 2019.[9]

In August, 2019, Cogeco Peer 1 changed its name to Aptum Technologies. Susan Bowen was chief executive at the time.[10]

The Canadian co-location business was sold to eStruxture in May, 2021.[11]

In June, 2021, the parent of Digital Colony, Colony Capital, based in Boca Raton, Florida, announced it would rebrand itself to be called DigitalBridge.[12]

In January,2023, Aptum acquired CloudOps, a Montreal, Canada-based cloud consulting, managed services and software company focused on open source, cloud native platforms, networking and DevOps. [13]

References

  1. [1]
    2016 Annual Report " Archived 2016-11-10 at the Wayback Machine." Retrieved November 7, 2016.
  2. [2]
    "Form D: Notice of Sale of Securities" (PDF). US Securities and Exchange Commission. April 23, 2003. Retrieved September 24, 2021.
  3. [3]
    Rich Miller (October 6, 2004). "Peer 1 Buys ServerBeach for $7.5 Million". Netcraft News.
  4. [4]
    Stefanie Olsen (February 11, 2008). "ServerBeach sends YouTube a video kiss-off". CNet News. Archived from the original on October 26, 2012. Retrieved September 24, 2021.
  5. [5]
    "Peer 1 Network Announces Acquisition of Interland's Dedicated Server Assets". Press release. September 6, 2005. Retrieved September 24, 2021.
  6. [6]
    "PEER 1 Hosting Reports Fourth Quarter and Year End Results for Fiscal 2010". Press release. September 23, 2010. Retrieved September 24, 2021.
  7. [7]
    "PEER 1 Hosting to Acquire UK-based Managed Hosting Provider". Press release. June 6, 2012. Retrieved September 24, 2021.
  8. [8]
    "Cogeco Cable Inc. to acquire PEER 1 Network Enterprises, Inc". Press release. December 12, 2012. Retrieved September 24, 2021.
  9. [9]
    "Cogeco Peer 1 Acquisition by Digital Colony Closes". Press release. May 1, 2019. Retrieved September 24, 2021.
  10. [10]
    "Cogeco Peer 1 Changes Name to Aptum Technologies; Adds New Services to Enhance and Expand Hybrid Cloud Offerings". Press release. August 19, 2019.
  11. [11]
    "Aptum Completes Sale of its Canadian Colocation Business". Press release. May 2, 2021. Retrieved September 24, 2021.
  12. [12]
    "Colony Capital Announces Rebrand as DigitalBridge". Press release. June 8, 2021. Retrieved September 24, 2021.
  13. [13]
    "Aptum-strengthens-its-hybrid-multi-cloud-msp-position-with-the-acquisition-of-Montreal-based-Cloudops". Press release. January 23, 2023. Retrieved January 12, 2023.
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