M247, parent company of Prime Hosting, acquires additional new building
Described by Director James Smith as a deal that was “too good to miss” M247, parent company of Prime Hosting, is pleased to announce that it has exchanged contracts on the purchase of a new building that will give us lots of room to expand. Since 2009, our existing building has housed full-time 24 x 7 technical support, administration and management staff with a state of the art datacentre being housed on a separate floor. This new building offers lots of potential for growth and development into new areas.
Within just a very short time M247 has almost reached capacity on our datafloor here in Manchester and in other datacentres around Europe where we own infrastructure. Since the Internet and Data Markets are still growing at an incredible rate while the property market has at best plateaued, it’s obvious that rather than rent more space we just had to buy this new building. The additional building will allow M247 and our various Internet Divisions to grow by at least a factor of 5 and give us a huge boost in sales potential.
Managed Internet Services within the datacentre are very much in demand and there are deals already in the pipeline to begin to fill up the new datafloor once it comes on-stream in the very near future.
“The challenge now is to improve on what we’ve learned from our early days experience with infrastructure in a London datacentre and then subsequently moving to Manchester and building our own flagship datacentre. This development made us more efficient and competitive in the process” says M247 Operations Director Jonathan Buckle. “Our existing Manchester datacentre is already one of the most efficient in the whole of Europe with a PUE efficiency rating of 1.18 and we are probably already the largest privately owned network provider in the UK with thousands of customers in every time zone”.
This extra space and capacity also means that M247 can offer additional managed services such as disaster recovery and bespoke accommodation for our larger managed services clients and the luxury of more space will allow us to move servers around to take advantage of the highly competitive connectivity and power supply at our Manchester base. It’s hardly surprising that the news of rapid growth is also creating interest with the rich seam of local employees with good computer and network skills. By the time the new datacentre is fully operational, M247 anticipates having to double our technical workforce to approximately 60.