George Slessman Archives

IO closes $505M in financing for new Phoenix data center

iodatacenter

IO, a leading global provider of Data Center Services, today announced it has raised $445 million in debt capital from Deutsche Bank and $60 million in additional growth capital from an affiliate of Macquarie Capital. The proceeds from the Deutsche Bank loan allowed IO to refinance its existing U.S. indebtedness. In addition, IO has exercised… Read More →

Tech-friendly scene makes Arizona a data center hot spot

IO President Anthony Wanger.

Phoenix has its head in the clouds. Digital information—everything from financial and medical accounts to media entertainment and social networks—is now being stored in about 60 high-tech data centers throughout the Phoenix metro area, adding to the state’s growing reputation in the technology industry. Renewable energy, geo-stability and tech-friendly legislation are a few of the… Read More →

IO Receives Patent for Software-Defined Modular Data Center

digital data flow through optical wire

IO, a worldwide leader in software-defined data centers technology, services, and solutions, today announced it has been granted a new patent by the U.S. Patent and Trademark Office for the company’s software-defined modular data center. U.S. Patent 8,733,812 defines the technology necessary for a modular data center with intelligent management, monitoring and control mechanisms. The… Read More →

IO Expands into Asia Pacific Markets

data.center
by in Business News | Tech

IO, the Phoenix-based global leader in software-defined data centers, today launched its Asia Pacific operations with Singapore as regional headquarters. This initiative advances the company’s committed expansion strategy to serve its global customers in one of the fastest growing markets in the world. IO chose Singapore to address customer demand for software-defined data centre technology… Read More →

Established CFO Brings Tech Experience to IO

data.center

IO, a global leader in software-defined data centers, today announced Michael Berry has joined the company as Chief Financial Officer. Mr. Berry will be responsible for financial planning and analysis, accounting, operations, treasury activities and investor relations, and will report to CEO and Product Architect, George Slessman. “I am very happy to have Mike join… Read More →

IO CEO Honored by Goldman Sachs for Entrepreneurship

George Slessman_CEO_IO
by in Business News | Tech

Goldman Sachs recognized IO CEO George Slessman as one of the top 100 entrepreneurs of 2012 at its recent Builders & Innovators Summit in Newport Beach, California. Goldman Sachs selected Slessman as one of 100 leaders from multiple industries to be honored at the event. Slessman has been an executive in the data center industry… Read More →