National broadband services provider TeraGo Inc. has entered into a decisive share squeeze agreement to acquire Data Centers Canada Inc. The association operates a 4,876 block metre SSAE 16 approved information centre trickery in Vaughan, Ont., and provides information centre services including co-location and disaster recovery, to businesses, enterprises, open zone and record use providers. The understanding is approaching to tighten on May 31, theme to compensation of prevalent shutting conditions. The squeeze cost is approaching to be approximately $9.5 million theme to any squeeze cost adjustments, and will be payable in money installments. Data Centers Canada’s operations and government group will continue on with a Company to safeguard a well-spoken transition. “Acquiring Data Centers Canada will support the beginning to offer interrelated services,” says Bryan Boyd, boss and CEO of TeraGo Networks Inc.
Article source: http://www.cnsmagazine.com/news/terago-networks-to-acquire-data-centers-canada/1002344503/
