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Announced

Evocative to acquire 9 data centers from INAP.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Data Centers and Hosting

Pending

United States

Friendly

Private

Acquisition

data centers

Majority

Domestic

Single Bidder

Infrastructure

Synopsis

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Evocative, a global provider of Internet infrastructure, agreed to acquire 9 data centers from INAP, a company that sells data center and cloud computing services. Financial terms were not disclosed. "Foremost, we welcome our new clients and employees to Evocative. We are honored and humbled to be your new partner. We are excited to share the strength of Evocative's digital infrastructure capabilities with our clients. We know the importance of enterprise digital enablement. We built a company that offers a comprehensive suite of solutions from the physical foundation up the stack to enable the delivery of highly secure, hosted data services," Arman Khalili, Evocative Founder and CEO.

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