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 Channel Futures

Mergers and Acquisitions


Shutterstock

Combined

Peak 10-ViaWest Acquisition Complete, Partners Chime In

  • Written by James Anderson
  • August 2, 2017
The combined company calls itself a hybrid IT leader.

**Editor’s Note: Please click here for a recap of the biggest channel-impacting merger and acquisition news from May and June.**

Peak 10 has finalized its $1.7 billion purchase of ViaWest.

The companies announced Wednesday that they have officially combined into an entity known as Peak 10 + ViaWest. The new company calls itself a leading hybrid IT provider that reaches more than 4,200 business customers. Peak 10 first announced the acquisition in June.

Peak 10's Chris Downie

Peak 10’s Chris Downie

“Today marks the first day of an exciting new chapter for Peak 10 + ViaWest,” CEO Chris Downie said. “We’re thrilled by the response we’ve received from customers and partners since announcing the acquisition just seven weeks ago. We look forward to taking the next step in the evolution of this company, as we help enterprises nationally solve their hardest IT infrastructure challenges. Our mission stays the same: providing our customers with the best technology and customer experience possible, and we believe we’re in a great position to do so.”

Downie was Peak 10’s CEO and will continue in that role for the combined company. ViaWest CEO Nancy Phillips will be the organization’s executive chair. More than 1,000 employees work for the combined company now. Wednesday’s announcement said that Peak 10 + ViaWest touches 20 domestic and global markets and owns 40 data centers.

Peak 10's Nancy Phillips

ViaWest’s Nancy Phillips

“By joining forces, Peak 10 and ViaWest have combined some of the smartest minds in the IT industry,” Phillips said. “Our highly experienced executive team brings a demonstrated track record of success and is well positioned to lead the combined organization to even greater heights. As one of the leading national hybrid IT infrastructure and solutions providers, we look forward to our combined growth and delivering significant benefits to our thousands of customers.”

Peak 10 and ViaWest partners chimed in on how the merger will impact them. Avant CEO Ian Kieninger has partnered with both companies.

“We look forward to having our number one relationships accelerate to an even stronger number one leader as these valued partners join forces. Both companies complement each other extremely well geographically, with an incredible amount of experience and quality customer service,” Kieninger said. “We look forward to taking our partnership to new heights with Avant’s Channel Sales Enablement programs.”

Sumo Communications has worked with Peak 10.

“The ViaWest acquisition promises to open up new possibilities for our business, and we are excited at the prospect of Peak 10 establishing a broader national operating footprint and an enhanced set of products and services,” said Bret Hickenlooper, president of Sumo Communications.

Read our initial analysis of why Peak 10 chose to buy ViaWest.

Tags: Agents Data Centers Mergers and Acquisitions

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