Managed IT infrastructure provider Summit has acquired HorizonIQ, a global private cloud, bare-metal, and GPU provider.
Announced at the start of December, the acquisition sees Summit gaining a presence in nine data centers as well as expanding its private cloud offering with HorizonIQ's Proxmox platform.
The terms of the deal have not been shared, though the companies said that HorizonIQ's operations will not be interrupted and that, over the coming months, the acquired firm's technology and teams will become part of the Summit brand and platform.
The acquisition was backed by Silver Oak Services Partners, LLC.
“Summit’s high-touch service and engineering depth, paired with HorizonIQ’s innovative automation expertise, strengthens our ability to provide the robust infrastructure and cloud solutions our clients rely on,” said Andre Wu, CEO of Summit.
“From the beginning, HorizonIQ has focused on taking the complexity out of running dedicated infrastructure,” added Ali Marashi, president and CTO at HorizonIQ. “By joining Summit, we can bring that same simplicity and automation to a larger footprint of data centers and give customers more choice in how they deploy critical workloads.”
Summit offers cloud, data center, disaster recovery, and cybersecurity solutions to organizations worldwide. According to its website, the company has data centers in Ashburn, Virginia; Atlanta, Georgia; Chicago, Illinois; Denver, Colorado; Elk Grove, Illinois; San Jose, California; Seattle, Washington; Toronto, Canada; Amsterdam, the Netherlands; Bucharest, Romania; Frankfurt, Germany; London, UK; Sao Paulo, Brazil; Tokyo, Japan; and Sydney, Australia.
Horizon IQ, meanwhile, operates data centers in Singapore, the UK, the Netherlands, and Illinois, New Jersey, Washington, Texas, Arizona, and California in the US. These are largely leased sites, including facilities owned by Iron Mountain, Evocative, Sabey, TierPoint, Digital Realty, Colt, and Telehouse.
The company was formed after data center firm INAP emerged from its second bankruptcy around 2023. The rebrand to HorizonIQ saw the firm pivoting from colocation to bare metal and hosting services. Many of INAP's facilities were sold to Evocative, with what is now HorizonIQ maintaining a presence at the sites.
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