IIX acquires Allegro Networks
22 October 2014 | Kate Hampshire
IIX today announced its acquisition of UK-based software and interconnection company Allegro Networks.
IIX can now add Allegro’s national network – including 34 PoPs and 23 on-net data centres – to its extensive global interconnection and software solutions business. IIX has also acquired Allegro’s Snap online management platform, which allows customers to purchase and provision circuits and interconnects in a matter of minutes.
“With the acquisition of Allegro, IIX gains top engineering talent, innovative technology and 34 network Points of Presence (PoPs) in the UK to support growing customer demand,” Al Burgio, CEO of IIX, said.
It was also announced that Allegro’s CTO, Andy Davidson, has been appointed IIX’s VP of Network Engineering, Europe. Davidson is also chairman of two UK internet exchange points, LONAP and IXLeeds.
Of the acquisition, Davidson said: “IIX is at the forefront of next-generation direct interconnection for enterprises worldwide. This acquisition enables our customers to have direct access to additional leading content and application providers globally. Our two organisations share the same philosophy, believing that the ability to provision scalable, reliable and secure interconnects will power new innovation for the benefit of online users.”
Financial details of the deal were undisclosed.
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