NTT Communications to Acquire 100% Ownership of RagingWire Data Centers, Inc., Founder George
Macricostas Named Executive Chairman, President Douglas Adams Named CEO
RagingWire Data Centers, Inc., the nation’s premier data center provider, and its parent company NTT Communications (NTT Com), the ICT solutions and
international communications business within the NTT Group (NYSE:NTT), announced today that NTT Com intends to purchase the
remaining shares of RagingWire and acquire 100% ownership of the company. In addition, RagingWire named long-term RagingWire
executive and current president, Douglas Adams, as CEO, and RagingWire’s Founder, George Macricostas, who had served as Chairman
and CEO of RagingWire, was named Executive Chairman.
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Long-term RagingWire executive, Douglas Adams, was named CEO of RagingWire Data Centers, Inc. (Photo: Business
Wire)
Founded in the year 2000 by George Macricostas, RagingWire was one of the companies that helped to create the data center
colocation industry, which has grown to a multi-billion dollar industry worldwide. Under the leadership of Mr. Macricostas,
RagingWire became an industry innovator and leader with two patents in mission critical power delivery, a growing data center
portfolio of over 1.2 million square feet with nearly 100 megawatts of critical power and a long track record of delivering 100%
uptime for its customers, resulting in RagingWire being recognized for earning the highest customer loyalty in the data center
industry as measured by the Net Promoter Score (NPS). During his tenure with the company, Mr. Macricostas funded and guided the
company from inception and through two recessions, achieving rapid, sustainable and profitable growth, and ultimately a successful
merger with NTT Communications. Mr. Macricostas continued to lead the company for three years during post-merger integration,
resulting in a 2017 business plan that will double the company’s revenue as compared to pre-merger levels.
In January 2014, NTT Communications acquired an 80% equity stake in RagingWire. By joining the NTT Communications family of
companies, RagingWire became part of one of the largest data center companies in the world with 140 facilities in 17 countries.
With the strong financial backing of NTT Com, RagingWire opened the Sacramento CA3 Data Center and the Ashburn VA2 Data Center totaling 320,000 square feet of space and 28 megawatts of power. In addition, RagingWire
began construction on its massive Dallas Data Center Campus on 42 acres of land and the Ashburn Data Center Campus on 76.5 acres in the heart of the famed “Data Center Alley” region. The first phase
of the Dallas development, the TX1 Data Center, with 230,000 square feet of space and 16 megawatts of power, will have its grand
opening on April 18, 2017.
“In the three years since our investment in RagingWire, we have been extremely pleased with the exceptional performance of the
company and impressed with the leadership and execution of George Macricostas and the rest of the RagingWire team during this
successful merger process,” said Tetsuya Shoji, President and CEO of NTT Communications. “RagingWire is strategically important to
our ability to deliver global information and communications technology solutions. We are confident that Doug Adams and the
RagingWire team will build on this legacy, delivering superior results and contributing significantly to the ongoing success of NTT
Communications.”
Douglas Adams joined RagingWire in 2001 as part of the early executive team that along with Founder George Macricostas led the
growth of the company into a data center industry leader. Mr. Adams has held multiple executive positions at RagingWire leading
sales, marketing, product, and operations, and served most recently as president of the company. Mr. Adams was instrumental in
growing the company's customer base and revenue, building the massive data center campuses in Sacramento, California, Ashburn,
Virginia, and Dallas, Texas, and leading RagingWire’s strategic expansion into the wholesale data center solutions space. Prior to joining RagingWire, Mr. Adams was the general manager of the
magnetic and optical data storage products division of NEC Technologies, Inc., and held multiple positions in sales, business
development, and senior management at Mars, Inc.
“Thank you to George Macricostas and NTT Communications for the confidence they have placed in me and the RagingWire team,” said
Douglas Adams, CEO and President of RagingWire Data Centers. “RagingWire is a company with a successful past and an exciting
future. We are proud of our accomplishments and energized by the opportunity in front of us. Our vision and strategy remain the
same – we want to be a top five wholesale data center provider in the U.S., and we will build and grow our business in the top data center
markets in North America. Together we will take RagingWire to the next level.”
As part of the NTT Communications family of companies, RagingWire joins Netmagic Solutions Pvt. Ltd. in India, Gyron Internet
Ltd. and e-shelter facility services GmbH in Europe, along with the extensive data center portfolio of NTT in Asia to create a
global data center platform of 4,000,000 square feet. This worldwide data center portfolio is ideal for wholesale, multi-megawatt
deployments optimized for application performance and systems availability. Through its relationship with NTT Com, RagingWire is
one of the most financially strong and largest providers of wholesale data centers in the world.
About RagingWire Data Centers
RagingWire Data Centers designs, builds, and operates mission critical data centers that deliver 100% availability, high-density power, flexible configurations,
carrier neutral connectivity, and superior customer service. The company has 97 MW of critical IT load spread across 1.2 million
square feet of data center infrastructure in Northern California, Ashburn, Virginia, and Dallas, Texas, with significant growth
plans in these locations and other top North American data center markets. As part of the NTT Communications group, RagingWire is
one of the largest wholesale data center providers in the world with a global network of over 140 data centers operated by NTT
Communications under the Nexcenter™ brand and one of the most financially strong companies in the data center industry. For more
information visit 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 the
leading global tier-1 IP network, the Arcstar Universal One™ VPN network reaching 196 countries/regions, and over 140 secure data
centers worldwide.
www.ntt.com | Twitter@NTT Com | Facebook@NTT Com | LinkedIn@NTT Com
Press:
RagingWire Data Centers
James Leach, +1-703-840-7721
jleach@ragingwire.com
or
NTT Communications
Yuichiro Iwahashi, Hiroshi Seo, +81-3-6733-9521
wg-cl@ntt.com
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