New Venture to Revolutionize Colocation Globally
LAS VEGAS, NEVADA U.S.A. – MARCH 2014 – Accelero Capital Holdings S.à r.l. (“Accelero”), Orascom TMT Investments
S.à r.l. (“OTMTI”) and Switch SUPERNAP today announced they have formed a joint venture, SUPERNAP International, to design and build data center ecosystems worldwide based on the design of the state-of-the-art, multi-tenant, Tier IV-rated SUPERNAPS in Las Vegas, Nevada.
“The formation of SUPERNAP International will help further drive our client initiatives worldwide by providing enhanced accessibility to SUPERNAP ecosystems,” said Switch SUPERNAP Founder and CEO Rob Roy. “Accelero and OTMTI have a successful track record globally of strategic investments and operational management in telecommunications and digital media and are the partners to help make this happen.”
“We are confident that our combined experiences will enable SUPERNAP International to provide world-class products through innovation, expansion and superior customer service.”
Outside the United States, SUPERNAP International has an exclusive license for SUPERNAP designs invented by Rob Roy, who has 218 patented and patent pending claims on data center systems, designs and related industry technologies that have changed the technology landscape. Switch is the recognized leader in data center technologies and design and the SUPERNAPS provide unrivaled colocation, connectivity, cloud and collaboration ecosystems. They represent innovation, security and reliability for more than 1,000 global clients, from sophisticated startups to Fortune 100 powerhouses.
"SUPERNAP International marks a significant milestone for Accelero to expand in the media and technology sector. We leveraged our expertise to structure this partnership which, combined with the revolutionary technology that Switch SUPERNAP offers, will enable us to create value through operational growth, business development and international expansion," said Khaled Bichara, CEO and co-founder of Accelero. "We are very excited to be part of this journey and to provide innovative methods to change the way data centers are engineered and utilized worldwide.” Mr. Bichara will be appointed as President and CEO of SUPERNAP International, to ensure the successful implementation of a solid launch plan, to provide the support needed and to build a competent team to execute the envisaged growth strategy.
Accelero is an investment and management group focused on telecommunications, digital media and technology. Accelero and OTMTI have an unparalleled track record in strategic, operational and financial management, as well as international operations expertise, particularly in the TMT industry.
By combining Switch’s state-of-the-art SUPERNAP technology and Accelero’s international business development and financing expertise, SUPERNAP International will benefit from exclusive rights to design and build SUPERNAP data centers outside the United States, creating a revolutionary environment where businesses experience connectivity with unprecedented bandwidth products at below wholesale prices. Switch will continue to own 100% of the SUPERNAP U.S.A. holdings.
The companies will work together to enable the worldwide expansion of SUPERNAP International by providing access to new capital, talent, technology, and opportunities.
“We believe that the collection of our experiences, combined with state-of-the-art SUPERNAP technology, will provide another dimension to how data centers are engineered worldwide," said Mr. Bichara. "We look forward to working closely together to define the company’s strategy to enable the vast reach of this superior technology around the globe.”
About Switch SUPERNAP
Switch SUPERNAP is the world's leader in data center ecosystem design, development and mission critical operations, providing unrivaled independent solutions for colocation, connectivity, cloud and collaboration ecosystems. Switch SUPERNAP represents innovation, security and reliability for more than 1,000 global clients, from sophisticated startups to Fortune 100 powerhouses.
Rob Roy, CEO and founder of Switch SUPERNAP, is the technology inventor and designer of the SUPERNAPS. Rob Roy’s 218 patented and patent pending claims on data center systems, designs and related industry technologies, have changed the technology landscape. For more information about SUPERNAP visit www.supernap.com.
About Accelero Capital
Accelero is an investment and management group focused on telecommunications, digital media and technology. Accelero’s team has an unparalleled track record in strategic, operational and financial management. Accelero was established by former Orascom Telecom, Wind Telecom and VimpelCom top executives. The Accelero team leverages its expertise and sector know-how to identify high-growth assets and assets with turnaround potential. www.accelerocapital.com
About Orascom TMT Investments
Orascom TMT Investments S.à r.l. ("OTMTI", formerly Weather Investments II S.à r.l.) is a company incorporated under the laws of Luxembourg. OTMTI is an experienced investor and strategic shareholder in telecommunications and technology companies. OTMTI is the majority shareholder of Orascom Telecom Media & Technology S.A.E. ("OTMT"), a company listed on the Egyptian and London stock exchanges; and indirectly owns the entire corporate capital of Italiaonline, Matrix S.p.A., ITnet S.r.l. and of WIS Telecom S.p.A. OTMTI also owns other telecom, digital media and technology assets in Europe, the United States and the Middle East. www.otmtinvestments.com