| Aptum Technologies | |
| Type: | Subsidiary |
| Industry: | Cloud Computing, Hosting |
| Parent: | Digital Colony Partners |
| Location: | Toronto, Ontario, Canada |
| Foundation: | 1996 |
Aptum Technologies, formerly Cogeco Peer 1, is a provider of services for data centers and cloud computing.[1] The company is headquartered in Toronto, Ontario, Canada.
Peer 1 Network Enterprises was founded in 1996 in Vancouver, British Columbia, and funded in 2003.[2] In 2004, Peer 1 acquired ServerBeach for about US$7.5 million. ServerBeach was based in San Antonio, Texas, founded in January 2003 by Rackspace co-founder Richard Yoo.[3] ServerBeach had hosted video site YouTube until December 2007.[4] In 2005, Peer 1 acquired Interland, Inc. assets in the USA for about US$14 million, and an investment of US$ 36 million, led by Celerity Partners, of Menlo Park, California.[5] By 2010 Peer 1 was doing business as Peer 1 Hosting, listed as a public company on the Toronto Stock Exchange with symbol PIX, reporting yearly revenues of about CDN$98 million.[6] In 2012, Peer 1 acquired UK hosting provider NetBenefit for 25 million pounds, from Group NBT Limited.[7]
Cogeco Cable purchased Peer 1 Hosting in December, 2012.[8] It formed Cogeco Peer 1 specializing in managed hosting, dedicated servers, cloud services and colocation.
On February 27, 2019, Cogeco agreed to sell Cogeco Peer 1 Inc. to the investment firm Digital Colony. The deal closed on May 1, 2019.[9]
In August, 2019, Cogeco Peer 1 changed its name to Aptum Technologies. Susan Bowen was chief executive at the time.[10]
The Canadian co-location business was sold to eStruxture in May, 2021.[11]
In June, 2021, the parent of Digital Colony, Colony Capital, based in Boca Raton, Florida, announced it would rebrand itself to be called DigitalBridge.[12]
In January,2023, Aptum acquired CloudOps, a Montreal, Canada-based cloud consulting, managed services and software company focused on open source, cloud native platforms, networking and DevOps. [13]