{"id":1375,"date":"2006-02-09T00:00:00","date_gmt":"2006-02-09T00:00:00","guid":{"rendered":"http:\/\/otava.test\/online-technologies-acquires-assets-of-gentech\/"},"modified":"2006-02-09T00:00:00","modified_gmt":"2006-02-09T00:00:00","slug":"online-technologies-acquires-assets-of-gentech","status":"publish","type":"post","link":"https:\/\/www.otava.com\/blog\/online-technologies-acquires-assets-of-gentech\/","title":{"rendered":"Online Technologies Acquires Assets of GenTech"},"content":{"rendered":"

<\/span>New Acquisition Adds 22,500 Square Foot Michigan Data Center and 63 Corporate Accounts<\/span><\/h4>\n

Ann Arbor, MI\u2014February 9, 2006 – <\/span>Online Tech<\/span><\/strong> announces that it has acquired the assets of Gentech of Flint, MI<\/a>. The acquisition will grow Online Technoloiges Corporation\u2019s customer base by 63 corporate accounts, increase data center capacity by 22,500 square feet and adds 10,000 square feet of disaster recovery and Internet incubator space. The transaction included debt and cash but no equity. Additional details of the terms were not disclosed.<\/p>\n

Gentech (www.gentechmi.com<\/a>) provided co-location, bandwidth, Internet connectivity and other high-end data center services for disaster recovery and Internet infrastructure.<\/p>\n

\u201cWe are very excited to integrate our operations and the data center into OTC. Our customers will benefit from the OTC\u2019s new offerings and scalability. It\u2019ll be exciting to watch them take what we\u2019ve built to the next level,\u201d said Elizabeth Saab, president of Gentech.<\/p>\n

Prior to Gentech, the facility was built and used by EDS for General Motor\u2019s disaster recovery. The data center boasts 24-inch\u00a0Telco grade raised floors, dual 8,000 volt, 2,000 amp power feeds backed up with dual 1.3 Megawatt generators all fed through 1.6 Megawatts of synchronized UPS (Universal Power Supply)\u00a0modules, 330 tons of cooling, biometric security, on AT&T\u2019s fiber SONET ring.<\/p>\n

\u201cThis facility greatly increases our ability to provide high-end disaster recovery and super-scalable Internet infrastructure, both growing markets for us,\u201d said Dale Adkins, VP of operations and client services at Online Technologies.\u00a0 Online Technologies Corporation\u00a0will continue to expand the product line to allow more scalable and cost-effective solutions to all of its existing and new customers.<\/p>\n

Small to medium-sized businesses throughout the Great Lakes area that are seeking a secure, reliable, and scalable Internet infrastructure are the real benefactors as Online Technologies Corporation will take this large business data center and make it available to them through its colocation solutions. Online Technologies will use fiber to connect this facility to\u00a0southeast Michigan and other dense business districts enabling it to uniquely provide regulatory compliant disaster recovery and very cost-effective bandwidth and power intensive Internet infrastructure.<\/p>\n

\u201cDisaster recovery and Internet infrastructure are driving our demand.\u00a0 This combination is powerful because it further defines our place in the regional Internet infrastructure market,\u201d said Ty Myers, Online Technologies’\u00a0vice president\u00a0of sales and marketing.\u00a0 \u201cWith this deal we are uniquely positioned to offer disaster recovery capabilities to 1000s of companies in Michigan and beyond. Our sales people are excited.\u201d<\/p>\n

According to Bob Palmerton, CFO\u00a0of Online Technologies,\u00a0 the acquisition of Gentech is part of Online Technologies Corporation\u2019s long-range plan for continued market leadership in the Great Lakes region via growth through acquisition and increased sales efforts.\u00a0 \u201cOur sales team exceeded their plan significantly with our other data centers. Our leadership challenged us to respond in a strategic manner, so we did,\u201d stated Palmerton.<\/p>\n","protected":false},"excerpt":{"rendered":"

New Acquisition Adds 22,500 Square Foot Michigan Data Center and 63 Corporate Accounts Ann Arbor, MI\u2014February 9, 2006 – Online Tech announces that it has acquired the assets of Gentech of Flint, MI. The acquisition will grow Online Technoloiges Corporation\u2019s customer base by 63 corporate accounts, increase data center capacity by 22,500 square feet and adds 10,000 square feet of disaster recovery and Internet incubator space. The transaction included debt and cash but no equity. Additional details of the terms were not disclosed. Gentech (www.gentechmi.com) provided co-location, bandwidth, Internet connectivity and other high-end data center services for disaster recovery and Internet infrastructure. \u201cWe are very excited to integrate our operations and the data center into OTC. Our customers will benefit from the OTC\u2019s new offerings and scalability. It\u2019ll be exciting to watch them take what we\u2019ve built to the next level,\u201d said Elizabeth Saab, president of Gentech. Prior to Gentech, the facility was built and used by EDS for General Motor\u2019s disaster recovery. The data center boasts 24-inch\u00a0Telco grade raised floors, dual 8,000 volt, 2,000 amp power feeds backed up with dual 1.3 Megawatt generators all fed through 1.6 Megawatts of synchronized UPS (Universal Power Supply)\u00a0modules, 330 tons of cooling,…<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"other_category":[],"class_list":["post-1375","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"acf":[],"yoast_head":"\nOnline Technologies Acquires Assets of GenTech | OTAVA<\/title>\n<meta name=\"description\" content=\"Online Tech announces that it has acquired the assets of Gentech of Flint, Mich., which will grow their customer base and data center space.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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