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DV2, Inc. Purchases Net Depot.


Business Editors

ATLANTA--(BUSINESS WIRE)--Nov. 7, 2000

DV2, Inc., a leading-edge provider of high performance collocation/managed server, storage area networks, and converged communications infrastructure announced today that it has completed its acquisition of Net Depot Corporation of Atlanta, GA.

Net Depot is a business focused ISP (1) See in-system programmable.

(2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines.
 that covers the Atlanta market and has been in operation since 1995. Their services include internet access See how to access the Internet.  via DSL DSL
 in full Digital Subscriber Line

Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary
, private line, email and web hosting Making a Web site available on the Internet. Many ISPs host a few personal Web pages for an individual at no additional cost above the monthly service fee, but the address is subordinate to the ISP; for example, www.friendlyisp.com/pat_smith. , and collocation. "Net Depot brings an excellent business customer base that we can continue to bring our value proposition to and load our new network in Atlanta. Their accounts will benefit from the immediate availability of the new services that we offer and the increased level of support from merging the companies," said Jeff Hinkle, CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey.  for DV2 in Atlanta. "DV2 will bring the increased ability to deliver advanced services our customers have been asking for and will increase our competitive and financial strength," said David Day David Day may refer to the following persons:
  • David Day (Canadian writer), author from British Columbia
  • David Day (historian), Australian historian
, President of Net Depot in Atlanta.

"We have built one of the most reliable technology infrastructures in the southeast, to bring managed collocation space and enterprise data storage services to technology companies that require a bullet-proof, high performance e-business," said Jeff Hinkle, chief technology officer and founder of DV2. This will be the first of many acquisitions that DV2 is starting. The time is right for a consolidation in the business - especially for companies that need to take the next step in advanced services, but are either not able to complete the technology migration or have found the venture markets to be unavailable in the last 6 months. We are currently in negotiations with several other complementary companies and are looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 other interested parties," said Hinkle.

About DV2

DV2 is an emerging leader in developing "SMART POP" technology, the next-generation of collocation/managed server infrastructure. Its solutions provide turnkey, outsourced data storage, managed server and collocation, and communications solutions for customers with high data/storage needs and/or need for a high bandwidth transport solution.

Editor's Note: For more information, please visit www.dv2.com.
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Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Nov 7, 2000
Words:346
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