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DR Fortress Acquires Equinix Hawaii Business

DR Fortress LLC has announced the launch of the Company, its management team, its initial investors and the acquisition of Equinix's Hawaii operations. The Company, formed earlier this year after an extensive analysis of the market, will provide local data centre and commercial colocation services in the State of Hawaii. DR Fortress also announced its intention to aggressively expand operations to meet the growing demand in this underserved market. The Company recently completed its initial round of financing raising more than USD11 million from a group of debt and equity supporters. Institutional backers include SevenSeas Asset Management Co Ltd, AIPA Properties LLC and First Hawaiian Bank. DR Fortress also attracted private investors from Hawaii, the US mainland and Japan. Included in the transaction are a fully-leased, 11,800 square foot, purpose-built data centre located in Honolulu and the only commercial Internet peering exchange in the State of Hawaii. All current customers of the facility will be transitioned from Equinix to DR Fortress.

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