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Colorado company acquires Jacksonville firm specializing in disaster data storage

Posted: September 5, 2014 - 10:18am

A technology firm based in Denver acquired a Jacksonville-based firm that specializes in disaster recovery technology.

Cologix Inc., headquartered in Colorado with offices in Jacksonville and several other locations, has acquired Colo5. The acquisition gives an expanded footprint to Cologix which will absorb about 225,000 square feet of facilities in Jacksonville and in Lakeland. Colo5 is a data center operator that provides secure facilities to store and maintain technological information and has facilities that can withstand a Category 5 hurricane.

Colo5 has more than 100 customers ranging from local companies to Fortune 500 brands that include retail, finance and media, a news release said.

Those clients will be added to the list of customers served by Cologix, which provides about 850 services.

Colo5 has been part of some high-profile information technology developments in Jacksonville. In 2010 Colo5 announced the activation of a custom-built private fiber-optic ring throughout the Jacksonville metropolitan area. The system connected a data center to hotels in Jacksonville, allowing access to more than 15 network providers.

In 2013, Colo5 helped establish a technical hub for several PBS television network affiliates anchored by WJCT TV-7 in Jacksonville. The network operations center for all of those stations was centered in Colo5 at a secure data center on Spring Park Road. WJCT set up JCT Services, a for-profit affiliate, to operate it.

There were also several other corporations and local organizations that hired Colo5 to help advance their technological capabilities.

The acquisition of Colo5 by Cologix has been in the works for weeks.

While the terms of the deal were not disclosed by the companies, Duval County Clerk of Courts records show the property value of Colo5 alone is notable.

In a deed transfer from Colo5 to Cologix dated Aug. 18, the Spring Park property was worth about $6.7 million, court records stated.

Drew Dixon: (904) 359-4098

 
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