American cloud and colocation provider DataBank has acquired its Indianapolis-based competitor LightBound for an undisclosed amount.
The deal gives DataBank two data centers in the Indy Telecom Center building – a major regional carrier hotel - totaling 73,000 square feet of space and 9.5MW of power supply.
“LightBound has built a fantastic customer service reputation in the region as a trusted infrastructure provider,” said Raul K. Martynek, CEO of DataBank.
“We look forward to combining LightBound’s strength in colocation, connectivity and managed services with DataBank’s broad product offering and national footprint.”
Banking on data
LightBound was established in 1994 as one of Indiana’s first Internet service providers, and gradually expanded into colocation, voice, connectivity and cloud services, with two data centers – codenamed Capital and Pillar – opened in 2003 and 2011 respectively. The company has customers in healthcare, government, finance, manufacturing, cloud and technology sectors.
“Joining DataBank is an outstanding opportunity for LightBound, its employees and customers,” said Jack Carr, CEO of the company. “DataBank’s customer-centric approach is the reason we choose to combine with their team and be able to expand our offering and geographic footprint.”
Under the terms of the deal, Carr will assume a new position at DataBank, where he will be responsible for the customer base and data center portfolio in the Indianapolis market.
It is currently not clear what will happen to the proposed expansion of LightBound facilities, announced in 2017.
Taking into account this latest acquisition, Texas-based DataBank now operates 17 data centers across nine US markets: Dallas, Minneapolis, Kansas City, Cleveland, Pittsburgh, Salt Lake City, Baltimore, Atlanta and Indianapolis.