Iron Mountain has unveiled plans to acquire Bangkok-based InfoZafe, providing the US-based storage vendor with additional reach across Thailand.
The agreement is designed to expand the company’s presence and capacity for service delivery, while providing an additional facility in Bangkok.
As a result, the transaction brings the total number of Iron Mountain facilities to five and total cubic feet of storage to four million, adding more than 210 customers and 19 employees to the vendor’s existing business.
“Expanding our footprint and adding the services of InfoZafe's storage and information management services are important steps forward for our Thai business," said Peter Hwang, managing director of Iron Mountain Asia.
“Acquiring InfoZafe's level of operational and storage capacity and customer relationships, along with a talented team, allows us to strengthen our presence and serve both new and existing customers on a regional, national and international basis.
“We look forward to maintaining the high levels of service that InfoZafe's customers expect for their information management needs.”
Headquartered in Boston, Iron Mountain operates as an information management vendor providing solutions across digital transformation, secure storage and secure destruction segments, in addition to data centre, cloud and disaster recovery capabilities.
Meanwhile, InfoZafe goes to market as a provider of document storage and information destruction, working with customers across public and private sectors in Thailand. Key services include secure storage, shredding and degaussing/erasure of electronic media and devices.
“The acquisition of InfoZafe furthers our strategy for investing in faster growing Asian markets like Thailand," added Ernest Cloutier, executive vice president and general manager of International for Iron Mountain.
"In these growth markets, we look to capitalise on the convergence of physical and digital information management as organisations move along their journey to digital transformation.
“Acquiring leading local providers that share our commitment to best-in-class service delivery, trust and security enables us to support our local and global customers; enrich returns as those companies are integrated into our regional business; and ensure we are poised to capitalise on global digital transformation trend.”