Acquisition Creates Powerful Next-Gen Network Platform with thousands of new business customers
CHICAGO, May 10, 2022–(BUSINESS WIRE)–Unitas Global, a portfolio company of Digital Alpha, today announces that it has acquired INAP’s Network Business assets, including INAP Japan, enhancing its portfolio of network service offerings that enable hybrid cloud environments. The combination of these two companies creates a fast-growing, next-generation network platform that aims to simplify the way customers purchase network connectivity to enable the seamless movement of data between the cloud and on-premises environments.
The combination of INAP’s network technologies, including its proprietary intelligent routing software, Managed Internet Route Optimizer (MIRO), with Unitas Global’s Unitas Nexus™ automated design and pricing platform, and its global Unitas Reach network™, creates an attractive offering to meet the needs of companies modernizing their digital infrastructure. In addition, this acquisition provides Unitas Global with a significant expansion to more than a thousand multinational companies and a global network serving 18 markets with Performance IP™.
“We are delighted to have completed the Network Business acquisition from INAP and are delighted to welcome their customers, suppliers and employees to the Unitas Global team,” said Patrick Shutt, CEO of Unitas Global. “The disruptive nature of Unitas’s network services strategy, enabling hybrid cloud environments, is becoming increasingly apparent in the market. This acquisition is the next step toward our goal of becoming a market leader by redefining an agile hybrid cloud for the enterprise,” said Grant Kirkwood, CTO of Unitas Global.
An additional benefit of the transaction is the synergy of INAP, which will become a strategic client of Unitas Global. INAP will continue to offer high-quality connectivity services in addition to its colocation and cloud solutions and further expand its portfolio with Unitas Reach™ network transformation solutions, including as part of its recently announced alliance with PacketFabric.
“This is truly a win-win transaction for all parties involved. Unitas Global will continue to deliver the high-quality services customers enjoy today, while investing in new solutions to enable further transformation of tomorrow’s networks,” said Mike Sicoli, CEO of INAP. “We also look forward to partnering with Unitas Global to deliver a comprehensive portfolio of connectivity offerings to our colocation and cloud customers. †
“The acquisition of INAP’s Network Business assets is a powerful testament to Digital Alpha’s commitment to investing in and growing next-generation transformative networks to deliver a networking solution as a more holistic service in a market that is currently fragmented,” says Rick Shrotri, Managing Partner of Digital Alpha Advisors.
For more information, visit: https://www.unitasglobal.com/
About Unitas Global
Unitas Global is a next-generation global network service provider that provides automated, ubiquitous edge access to any cloud, anywhere. The combination of the Unitas Nexus™ platform and the global Unitas Reach™ network enables the company to deliver the most transformative network environments available that are easy to design, acquire and fully manage. Real-time analysis of price and performance requirements makes Unitas Nexus™ one of the most advanced go-to-market platforms for MSPs, large-scale cloud providers and data center administrators worldwide. Unitas Reach™ access, IP and SDN enable network connectivity with the flexibility to scale quickly and support growing application demands for network architectures, performance and cost. Unitas Global is a portfolio company of Digital Alpha Advisors. Learn more at unitasglobal.com, connect with Unitas on LinkedIn, Twitterand read his blog.
INAP is a global provider of secure, performance-driven hybrid infrastructure solutions that help technology leaders simplify their cloud journeys and accelerate innovation. INAP’s broad suite of bare-metal cloud, modern data center, and optimized network and security solutions helps enterprises flexibly and reliably move their workloads to the right destination at the right time to maximize the results of their IT strategy. For more information, visit www.inap.com.
About Digital Alpha Advisors, LLC
Digital Alpha Advisors, LLC is an investment firm focused on the digital infrastructure and services demanded by the growing digital economy, with total assets under management of more than $1.5 billion. The company has entered into a strategic partnership agreement with Cisco Systems, Inc. and partners with other top Silicon Valley companies. Digital Alpha believes it is the first company to focus on private equity investments in the significant growth opportunities needed to support the digital economy, including next-generation communications networks, IoT platforms for urban infrastructure and cloud-based platforms for data management. Digital Alpha was founded in 2017 by Rick Shrotri, former head of Cisco’s Global Infrastructure Funds (GIF) team, and closed its newest fund – Digital Alpha Fund II, LP – in early 2021. For more information, visit www.digitalalpha.net.
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