NTT Com to Acquire 80% Stake in RagingWire Data Centers

NTT Com to Acquire 80% Stake in RagingWire Data Centers 
NTT Com to Expand and Enhance Global Data Center Colocation Solutions
by Leveraging RagingWire's Patented Data Center Design and
World-Class Customer Experience 
TOKYO, JAPAN and SACRAMENTO, CA -- (Marketwired) -- 10/28/13 --  NTT
Communications Corporation (NTT Com), the ICT solutions and
international communications business within NTT (NYSE: NTT), and
RagingWire Data Centers (RagingWire), a leading provider of data
center services in the United States, jointly announced that NTT Com
will acquire approximately 80% equity interest in RagingWire for $350
million (USD). The acquisition follows a definitive agreement reached
with RagingWire shareholders. RagingWire has annual revenues of
approximately $85 million (USD), and a compounded annual growth rate
of 30%. RagingWire's founders and management team will continue to
operate the company as a platform under the RagingWire brand and
maintain a minority interest in the company. 
The acquisition will more than double NTT Com's data center space in
the U.S. which will enable the company to respond to high demand for
data center services in North America. NTT Com will also deploy
RagingWire's know-how and patented technologies for the design and
operation of highly dependable, scalable and sophisticated data
centers.  
"We are rapidly expanding our capabilities to provide cloud and
telecommunications solutions worldwide and the deal with RagingWire
is critical to increasing our overall capacity, providing data center
infrastructure management tools which enhance colocation service's
reliability and efficiency. RagingWire leads the data center industry
in availability, innovation, and customer experience, and that will
enhance our global cloud solutions significantly," said Akira Arima,
CEO of NTT Com. 
RagingWire was founded in the year 2000 and has approximately 300
employees. The company has 650,000 square feet of data center space
at its campuses in Sacramento, California, and Ashburn, Virginia.
Both campuses are currently being expanded. In addition, RagingWire
has begun construction of a new 150,000 square foot data center in
Sacramento and will soon break ground on a 78 acre parcel of land in
Ashburn, Virginia with designs to build 1,500
,000 square feet of data
center space. The company was recently recognized for having the
highest customer loyalty in the industry as measured by the Net
Promoter Score(R) and has over 200 internet and enterprise customers
including such notable names as Flextronics, Polycom and NVIDIA. 
In 2012, RagingWire was awarded two patents for data center power
delivery systems and technology. These patented technologies include
the 2N+2(TM) design, which offers double the redundancy of a standard
data center design at a lower cost. The unique infrastructure, design
and operations of 2N+2 has enabled RagingWire to deliver customer
SLAs (service level agreements) for 100% availability without any
exclusions for maintenance periods or utility disruptions. NTT Com
will now begin introducing these advanced technologies throughout its
data centers worldwide. 
"The RagingWire management team and employees are excited to be part
of the NTT family of companies," said George Macricostas, founder and
CEO of RagingWire. "By joining NTT, we will be able to extend our
data center platform globally, expand the markets we serve and add
more strategic value to our customers." 
It is estimated that the US market for data center services, which
accounts for more than 50% of global demand, has roughly doubled
between 2010 and 2013. NTT Com is accelerating its development of
global seamless cloud services via 150 data centers worldwide and is
strengthening its one-stop provision of ICT solutions, including data
center services, in the growing U.S. market. NTT Com currently offers
services from data centers in eight U.S. cities. The acquisition of
RagingWire strongly positions NTT Com to serve the growing U.S.
market with increased capacity.  
About RagingWire Data Centers
 RagingWire designs, builds, and
operates mission critical data centers that deliver high-density
power and 100% availability. The company has 650,000 square feet of
critical data center infrastructure in Northern California and
Ashburn, Virginia and the highest customer loyalty scores in the
industry. Their patented power delivery systems and EPA ENERGY STAR
rated facilities lead the data center market in reliability and
efficiency. With flexible colocation solutions for retail and
wholesale buyers, a carrier neutral philosophy, and unmatched
customer service, RagingWire meets the needs of top enterprise,
Internet, and government organizations. More information is available
at www.ragingwire.com/.  
About NTT Communications Corporation
 NTT Communications provides
consultancy, architecture, security and cloud services to optimize
the information and communications technology (ICT) environments of
enterprises. These offerings are backed by the company's worldwide
infrastructure, including IPv4/IPv6 Global Tier-1 IP Network, Arcstar
Universal One(TM) VPN network reaching more than 190
countries/regions, and over 150 secure data centers. NTT
Communications' solutions leverage the global resources of NTT Group
companies including Dimension Data, NTT DOCOMO and NTT DATA.
 Further
information: www.ntt.com/ | www.twitter.com/nttcom |
www.facebook.com/nttcomtv 
Net Promoter, Net Promoter Score, and NPS are trademarks of Satmetrix
Systems, Inc., Bain & Company, Inc., and Fred Reichheld. 
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Media Contacts
RagingWire Data Centers
(Mr.) James Leach
jleach@ragingwire.com
571-383-8895  
NTT Communications
(Mr.) Christopher Davis
c.davis@ntta.com
Tel. 512-774-6218