Aptum Technologies#History of Peer 1 Hosting
{{short description|Managed services provider}}
{{Infobox company
| name = Aptum Technologies
| logo =
| type = Subsidiary
| industry = Cloud Computing, Hosting
| parent = Digital Colony Partners
| homepage = {{URL|https://aptum.com/}}
| location = Toronto, Ontario, Canada
| foundation = 1996
}}
Aptum Technologies, formerly Cogeco Peer 1, is a provider of services for data centers and cloud computing.2016 Annual Report "[http://corpo.cogeco.com/cca/files/8414/7853/4141/CCA.Q4.2016_-_Annual_Report_website_only.pdf] {{Webarchive|url=https://web.archive.org/web/20161110044142/http://corpo.cogeco.com/cca/files/8414/7853/4141/CCA.Q4.2016_-_Annual_Report_website_only.pdf |date=2016-11-10 }}." Retrieved November 7, 2016. The company is headquartered in Toronto, Ontario, Canada.
History
Peer 1 Network Enterprises was founded in 1996 in Vancouver, British Columbia, and funded in 2003.{{Cite web |title= Form D: Notice of Sale of Securities |publisher= US Securities and Exchange Commission |date= April 23, 2003 |url= https://www.sec.gov/Archives/edgar/vprr/0305/03056833.pdf |access-date= September 24, 2021 }}
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.{{Cite news |title= Peer 1 Buys ServerBeach for $7.5 Million |work= Netcraft News |author= Rich Miller |date= October 6, 2004 |url= https://news.netcraft.com/archives/2004/10/06/peer_1_buys_serverbeach_for_75_million.html }}
ServerBeach had hosted video site YouTube until December 2007.{{Cite news |title= ServerBeach sends YouTube a video kiss-off |url= http://news.cnet.com/8301-10784_3-9869267-7.html |date= February 11, 2008 |work= CNet News |author= Stefanie Olsen |archive-url= https://web.archive.org/web/20121026142544/http://news.cnet.com/8301-10784_3-9869267-7.html |url-status= dead |archive-date= October 26, 2012 |access-date= September 24, 2021 }}
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.{{Cite news |title= Peer 1 Network Announces Acquisition of Interland's Dedicated Server Assets |work= Press release |url= https://www.webwire.com/ViewPressRel.asp?aId=3953 |date= September 6, 2005 |access-date= September 24, 2021 }}
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.{{Cite news |title= PEER 1 Hosting Reports Fourth Quarter and Year End Results for Fiscal 2010 |work= Press release |date= September 23, 2010 |url= https://money.tmx.com/en/quote/PIX:TCM/news/33929991/PEER_1_Hosting_Reports_Fourth_Quarter_and_Year_End_Results_for_Fiscal_2010 |access-date= September 24, 2021 }}
In 2012, Peer 1 acquired UK hosting provider NetBenefit for 25 million pounds, from Group NBT Limited.{{Cite news |title= PEER 1 Hosting to Acquire UK-based Managed Hosting Provider |work= Press release |date= June 6, 2012 |url= https://www.prnewswire.com/news-releases/peer-1-hosting-to-acquire-uk-based-managed-hosting-provider-157441295.html |access-date= September 24, 2021 }}
Cogeco Cable purchased Peer 1 Hosting in December, 2012.{{Cite news |title= Cogeco Cable Inc. to acquire PEER 1 Network Enterprises, Inc. |work= Press release |date= December 12, 2012 |url= https://corpo.cogeco.com/cgo/en/press-room/press-releases/cogeco-cables-acquisition-peer-1-network-enterprises/ |access-date= September 24, 2021 }}
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.{{Cite web |url= https://www.businesswire.com/news/home/20190501005621/en/Cogeco-Peer-1-Acquisition-Digital-Colony-Closes |title=Cogeco Peer 1 Acquisition by Digital Colony Closes |date= May 1, 2019 |work= Press release |language=en |access-date= September 24, 2021 }}
In August, 2019, Cogeco Peer 1 changed its name to Aptum Technologies. Susan Bowen was chief executive at the time.{{cite web| url= https://www.businesswire.com/news/home/20190819005121/en/ | title=Cogeco Peer 1 Changes Name to Aptum Technologies; Adds New Services to Enhance and Expand Hybrid Cloud Offerings| work= Press release |date= August 19, 2019 }}
The Canadian co-location business was sold to eStruxture in May, 2021.{{Cite news |title= Aptum Completes Sale of its Canadian Colocation Business |date= May 2, 2021 |url= https://aptum.com/newsroom/aptum-completes-sale-of-its-canadian-colocation-business/ |work= Press release |access-date= September 24, 2021 }}
In June, 2021, the parent of Digital Colony, Colony Capital, based in Boca Raton, Florida, announced it would rebrand itself to be called DigitalBridge.{{Cite news |date= June 8, 2021 |work= Press release |url= https://www.digitalbridge.com/news/2021-06-08-colony-capital-announces-rebrand-as-digitalbridge |title= Colony Capital Announces Rebrand as DigitalBridge |access-date= September 24, 2021 }}
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. {{Cite news |date= January 23, 2023 |work= Press release |url= https://financialpost.com/pmn/press-releases-pmn/business-wire-news-releases-pmn/aptum-strengthens-its-hybrid-multi-cloud-msp-position-with-the-acquisition-of-montreal-based-cloudops-an-aws-google-and-edge-to-cloud-saas-orchestrator |title= Aptum-strengthens-its-hybrid-multi-cloud-msp-position-with-the-acquisition-of-Montreal-based-Cloudops |access-date= January 12, 2023 }}
References
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