Greatresponder.com on Oct 23, 2012: More than 75 Acres of land area has been acquired by cloud hosting and data center infrastructure Provider Company in the town of Ashburn, Virginia, USA. This was announced through official statement on Wednesday last week. This gigantic area of land would be used to build state of the art data centers in multiple phases in accordance with the demands in the area. This data center would accounts for a covered area of about 750,000 square foot with cutting edge technologies implemented into the construction and its accessories. This land was acquired at the cost of about 20 million dollars.
It was further informed in the statement that RagingWire is observing a substantial growth in its infrastructure business since last few years; it has also secured more than 140 million of revolving credit facilities few months back. With this new data center in Virginia would strengthen the muscles of the business of RagingWire in entire Easter zone of USA as well as in entire North American region.
In his statement, Mr. George Macricostas, the founder and Chief executive officer of RagingWire cloud hosting and infrastructure Provider Company said, “RagingWire is thrilled to continue its investment in Loudoun County and expand its business coast to coast. We thank the Loudoun County Board of Supervisors and the Loudoun County Department of Economic Development for their continued support.”
It was further stated in the company official statement that earlier this year in July 2012, RagingWire constructed a state of the art data center of about 150,000 square feet area in Northern Virginia. Later this gigantic data center was solely tenanted to DreamHost web hosting company. This data center is also known as “The Bolt”. This new data center would be located on west side of Waxpool and Farmwell roads and on the east side of Ashburn village Boulevard.