Partnership between Digital Bridge Portfolio Companies Represents New Approach to Data and Content Delivery
Boca Raton, FL & Dallas, TX – September 6, 2017 – In a move to significantly enhance data delivery, Vertical Bridge Holdings, LLC, the largest private owner and manager of communication infrastructure in the United States, and DataBank, Ltd., a leading provider of solutions for data center, cloud and interconnectivity services, today announced a new partnership to develop micro data centers at the base of communication towers that will enable edge computing. Both Vertical Bridge and DataBank are portfolio companies of Digital Bridge Holdings, LLC, a leading global communication infrastructure investment company.
As voice, data and video have shifted to wireless delivery, the traffic on wireless networks has significantly increased. Legacy wireless network architecture typically has a cloud interface at the city or regional level. As a result, traffic is transported long distances at considerable cost and with significant latency.
“Tower-based data centers bring the cloud into local areas and dovetail with the emerging C-RAN network architecture of the future,” said Bernard Borghei, Executive Vice President of Operations and Co-Founder of Vertical Bridge. “We’re looking forward to working with DataBank to be an important first mover in this space.”
“In addition to improving distribution for content providers and carriers, edge computing can also create an important distribution point for the cloud at a lower cost,” said Raul Martynek, CEO of DataBank. “There’s just one jump to the micro data center at the base of the towers, so not only is the latency for accessing the cloud reduced, but it opens the possibility for real-time applications and a richer more immersive experience for end users.”
“We’re bringing together two leaders of their respective fields, and the combination will be powerful,” said Marc Ganzi, CEO and Co-Founder of Digital Bridge and Executive Chairman of Vertical Bridge. “This partnership is just one example of the convergence that we believe is the future of communications infrastructure, and we’re looking forward to continuing to provide more innovations like the Vertical Bridge/DataBank collaboration to support the needs of our customers.”
The Vertical Bridge and DataBank solution will take advantage of the synergies between the two companies’ portfolios of towers, datacenters and fiber assets, making it possible to offer this solution nationwide.
DataBank is a leading provider of enterprise-class data center, cloud, and interconnection services, offering customers 100% uptime availability of data, applications and infrastructure. Databank’s managed data center services are anchored in world-class facilities. Our customized technology solutions are designed to help customers effectively manage risk, improve their technology performance and allow them to focus on their core business objectives. DataBank is headquartered in the historic former Federal Reserve Bank Building, in downtown Dallas, TX. For additional information on DataBank locations and services, please visit www.databank.com or call 1(800) 840-7533.
About Vertical Bridge Holdings, LLC
Vertical Bridge is the largest private owner and manager of communication towers and locations in the United States. The company owns, operates and manages over 55,000 tower, rooftop, billboard, utility attachment and other site locations in support of wireless network deployments. Based in Boca Raton, Florida, Vertical Bridge was founded in 2014 by key executives from Digital Bridge Holdings, LLC and former senior officers of Global Tower Partners. The senior management team at Vertical Bridge has over 150 years of collective experience in tower infrastructure and related sectors. For more information, please visit http://www.verticalbridge.com.
About Digital Bridge Holdings
Founded in 2013 by Marc C. Ganzi and Ben Jenkins, Digital Bridge is focused on the ownership, investment and active management of companies in the mobile and internet infrastructure sector. Since inception, Digital Bridge has raised over $6.5 billion of debt and equity capital used to acquire and invest in the development of communications infrastructure businesses, including DataBank, Vantage Data Centers, ExteNet, Vertical Bridge, Andean Tower Partners, and Mexico Tower Partners.