DC BLOX invests in the acquisition of Ploid
FYI, this story is more than a year old
DC BLOX has signalled its intentions for expansion in the southeastern United States.
The company prides itself on providing colocation services to smaller growing cities in the southeastern region as in the past they’ve had to work with long drives to data centers in the major cities or settle for second-rate local facilities.
Now though, the data center infrastructure provider and operator has completed the acquisition of Ploid, a provider of storage infrastructure as a service for independent research institutions, life sciences and genomic sequencing organizations.
DC BLOX chief technology officer Chris Gatch says Ploid is a valuable addition to DC BLOX’s portfolio as it is a leader in massive scale hybrid cloud data storage services. Furthermore, Ploid co-founder and CEO Peyton McNully will be joining DC BLOX as its chief cloud architect.
“DC BLOX is excited to welcome the Ploid team. The acquisition of Ploid’s high-performance storage platform and expertise accelerates DC BLOX’s capabilities serving the large-scale data storage requirements of businesses across the Southeast, especially science and healthcare institutions,” says Gatch.
“This platform greatly reduces the complexities and expense of storing large volumes of data and offers targeted integration with important scientific, healthcare and research platforms.”
As a result of the acquisition, Ploid’s storage solution and data pipeline technology is now available in all of DC BLOX’s connected data centers across the southeast. This means companies in the region will be able to access on-demand object and file storage deployed within their local markets, which DC BLOX says is connected at high speed and reachable at very low latency.
“I am thrilled to join the DC BLOX team,” says McNully.
“DC BLOX’s data centers and network with Ploid’s storage platform offers companies a leading option for secure, reliable, high-performance cloud storage. DC BLOX’s commitment to expanding the ecosystem of edge on-demand cloud capabilities in life sciences, healthcare, and digital enterprises is a vision for the future that is very exciting to be a part of.”
HudsonAlpha Institute co-founder and president of the Board of Directors Jim Hudson says the Ploid acquisition will bring positive change.
“We are excited to welcome DC BLOX and this new chapter for Ploid and its founders. Ploid was formed as a HudsonAlpha associate company to meet the needs of large genomic datasets,” says Hudson.
“This acquisition confirms the importance of robust storage infrastructure for genomics and provides another outstanding entrepreneurial story from HudsonAlpha.”