Quality Technology Services

QTS Realty Trust
Quality Technology Services
Public
Traded as NYSE: QTS
Industry Data center
Founded Overland Park, Kansas (2003)
Key people
 Chad Williams (CEO)
$26 million Increase (2013)[1]
$3.8 million Increase (2013)[1]
Total assets $831 million Increase (2013)[1]
Number of employees
 400 (2013)[1]
Website qtsdatacenters.com

QTS Realty Trust (popularly known as Quality Technology Services or QTS) NYSE: QTS is a real estate investment trust that owns, operates or manages 25 multi-tenant data centers internationally.[1][2] QTS's Metro Data Center located in Atlanta, Georgia is one of the world's largest data centers.[3] QTS was founded in 2003 by Chad Williams.[4] The company is headquartered in Overland Park, Kansas.[1]

QTS offers custom data centers, colocation, and cloud and managed services.[5]

History

Chad Williams purchased his first data center in Overland Park, Kansas in 2003.[4] Quality Technology Services was formally founded in 2005.[6] Later that year the company acquired ITC^DeltaCom's e^deltacom business unit and Suwanee, Georgia data center for $26 million[7] and a separate center located in Wichita, Kansas.[1] QTS, which operated as a division of the Quality Group of Companies, was headquartered at the Suwanee, Georgia location.

QTS acquired a 960,000-square-foot Atlanta, Georgia data center in October 2006.[8] The center, named QTS Metro Data Center, is one of the largest data centers in the world.[3] The company announced the acquisition of Globix Corporation's United States hosting business the same day.[9] In December of that year, the company purchased the clients of Kansas City, Kansas-based First National Technology Solutions.[10] QTS also acquired Jersey City, New Jersey-based NTT USA LLC and its data center in late 2006.[10]

In 2007, QTS acquired a data center in Santa Clara, California.[1] It added a Miami, Florida-based data center in 2008.[10] The company purchased a Lenexa, Kansas data center that it had previously been leasing in June 2011.[11]

QTS acquired Sacramento, California-based Herakles LLC and its 92,000-square-foot data center in January 2013.[12] Later that year, QTS acquired a 40-acre campus in Irving, Texas in order to open a Dallas-Fort Worth Metroplex-based data center.[13] QTS went public in October of that year.[14] The company was listed as QTS Realty Trust on the New York Stock Exchange with the ticker symbol QTS.[5][15] QTS opened a Richmond, Virginia data center in January 2014. It had acquired the facility, a former Qimonda semiconductor plant, in 2010.

QTS also owns Carpathia Hosting, a leading provider of hybrid cloud services and managed hosting. QTS acquired Carpathia in May 2015 for $326 million.[16]

References

  1. 1 2 3 4 5 6 7 8 "Form 10-K QTS Realty Trust, Inc.". United States Securities and Exchange Commission. 2013. Retrieved 2014-06-14.
  2. ↑ "QTS". www.qtsdatacenters.com. Retrieved 2015-10-28.
  3. 1 2 "The 5 Largest Data Centers In The World". Forbes. Retrieved 2014-06-14.
  4. 1 2 Charlie Anderson (2005-2-27). "CEO takes salvage job at old PVI site and finds whole new line of business". Kansas City Business Journal. Retrieved 2014-06-14. Check date values in: |date= (help)
  5. 1 2 Bill Stoller (3/5/2014). "QTS Realty Trust Inc Could Become an 800lb Gorilla". The Motley Fool. Retrieved 2014-06-14. Check date values in: |date= (help)
  6. ↑ Rich Miller (2013-07-31). "Report: QTS Planning to Go Public in IPO". Data Center Knowledge. Retrieved 2014-06-14.
  7. ↑ Charlie Anderson (10/2/2005). "$26M deal kick-starts Overland Park tech firm". Kansas City Business Journal. Retrieved 2014-06-14. Check date values in: |date= (help)
  8. ↑ Charlie Anderson (2006-10-15). "QualityTech bets $135M on data centers". Kansas City Business Journal. Retrieved 2014-06-14.
  9. ↑ Patrick Barnard (10/3/2006). "Globix Selling its US Hosting Business to Quality Technology Services for $20M". Mobility Techzone. Retrieved 2014-06-14. Check date values in: |date= (help)
  10. 1 2 3 Rich Miller (4/8/2008). "Quality Tech Expands with Miami Data Center". Data Center Knowledge. Retrieved 2014-06-14. Check date values in: |date= (help)
  11. ↑ Krista Klaus (2011-06-17). "Quality Technology Services invests $20M in Lenexa site". Kansas City Business Journal. Retrieved 2014-06-14.
  12. ↑ Alyson Raletz (1/3/2013). "Quality Technology Services expands in Northern California". Kansas City Business Journal. Retrieved 2014-06-14. Check date values in: |date= (help)
  13. ↑ Candace Carlisle (2013-2-13). "Quality Technology Services buys 40 acres in Irving for data center". Dallas Business Journal. Retrieved 2014-06-14. Check date values in: |date= (help)
  14. ↑ "Data center planned at former Sun-Times plant". Crain's Chicago Business. Retrieved 2014-06-14.
  15. ↑ Steve Rosen (2013-08-19). "Overland Park company QTS plans $300 million initial stock offering". The Kansas City Star. Retrieved 2014-06-14.
  16. ↑ "Why QTS Dished Out $326M on Carpathia Hosting | Data Center Knowledge". Data Center Knowledge. Retrieved 2015-10-28.
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