Press Release – 08/01/2014
Fast growing London-based Data Centre and Network operator London Data Exchange (LDeX) have today announced the merger of London Data Exchange Limited (LDeX) and Ping Networks Limited to form the LDeX Group Limited

LDeX Group have acquired 100% of the share capital of both LDeX and Ping Networks to create a new brand that will focus on developing the core strengths of both entities in the areas of high quality colocation services and intelligent networks.

Commenting on the merger, Rob Garbutt, CEO & Co-Founder of LDeX Group, said: “I am very excited about the creation of the LDeX Group and combining our product sets under one consistent brand. By combining our in-house talent, we are better placed to serve our growing customers’ needs going forward. Our ability to link people, places and clouds has been boosted significantly with the flexible service creation capability that the combined group can now offer to the market”

LDeX group welcomes Simon Chamberlain onto the board of directors as new CTO. Patrick Doyle (Co-founder of LDeX) will become COO of the new Group. LDeX continues to be a privately, well-funded organisation that is cash generative and EBITDA positive with year on year double digit growth. The creation of the group gives further financial strength going forward and will enable LDeX group to better serve its’ existing customer base, new clients and expand its’ data centre foot print and IP network across multiple regions.

-ENDS-

About LDeX Group

LDeX Group (LDeX) provides energy efficient data centres and intelligent networks from its enterprise grade, carrier neutral, London facility. Located within the M25 and in close proximity to Central London, LDeX, own, operate and manage their facilities, providing London colocation services to a range of industry sectors to protect the availability of data, applications, ecommerce and online presence.

As well as high quality colocation solutions, LDeX deliver a range of network services including IP Transit, Layer 2 and MPLS solutions. Utilising best of breed Juniper kit, LDeX are able to deliver high capacity and low latency IP Transit and Layer 2 connectivity from multiple points-of-presence (PoPS) across London and Manchester Data Centres including LDeX 1, Telehouse, Telecity, Interxion and Level 3 sites. LDeX’s diverse London metro ring, linking every major data centre in the city, means clients can also connect between data centres over completely diverse routes.

For more information please visit: www.ldexgroup.co.uk
Press Contact: LDeX Group Ltd – Arpen Tucker
[email protected], +44 (0)207 183 3129
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