Aptum Technologies

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]

Aptum Technologies
TypeSubsidiary
IndustryCloud Computing, Hosting
Founded1996
HeadquartersToronto, Ontario, Canada
ParentDigital Colony Partners
Websiteaptum.com

History

Peer 1 Network Enterprises was founded in 1996 in Vancover, 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. 2016 Annual Report " Archived 2016-11-10 at the Wayback Machine." Retrieved November 7, 2016.
  2. "Form D: Notice of Sale of Securities" (PDF). US Securities and Exchange Commission. April 23, 2003. Retrieved September 24, 2021.
  3. Rich Miller (October 6, 2004). "Peer 1 Buys ServerBeach for $7.5 Million". Netcraft News.
  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. "Peer 1 Network Announces Acquisition of Interland's Dedicated Server Assets". Press release. September 6, 2005. Retrieved September 24, 2021.
  6. "PEER 1 Hosting Reports Fourth Quarter and Year End Results for Fiscal 2010". Press release. September 23, 2010. Retrieved September 24, 2021.
  7. "PEER 1 Hosting to Acquire UK-based Managed Hosting Provider". Press release. June 6, 2012. Retrieved September 24, 2021.
  8. "Cogeco Cable Inc. to acquire PEER 1 Network Enterprises, Inc". Press release. December 12, 2012. Retrieved September 24, 2021.
  9. "Cogeco Peer 1 Acquisition by Digital Colony Closes". Press release. May 1, 2019. Retrieved September 24, 2021.
  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. "Aptum Completes Sale of its Canadian Colocation Business". Press release. May 2, 2021. Retrieved September 24, 2021.
  12. "Colony Capital Announces Rebrand as DigitalBridge". Press release. June 8, 2021. Retrieved September 24, 2021.
  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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