Emerald Networks Announces a Strategic Investment By Storage Engine, Inc.
Strategic investment will fuel the new-build submarine cable system connecting North America to Europe and Iceland for future growth of world-class cloud computing and data protection services to Iceland's developing data center industry
ATLANTA, Sept. 19, 2012 /PRNewswire/ -- Emerald Networks, a new-build network submarine cable system that will connect North America to Europe and Iceland with extraordinary new capacity, announced today a strategic investment with Storage Engine, Inc. (SEI).
This new investment signifies the interest of bringing both public and private cloud computing, along with storage management solutions offering comprehensive capabilities like continuous data protection (CDP) to Iceland's developing data center industry.
"We are very excited to be working with SEI and having them become an investor of Emerald Networks," said Dr. William C. Marra , CEO of Emerald Networks. "This investment validates what we have been saying about the need to provide Iceland with cost effective bandwidth to the United States and Europe. We are extremely pleased and looking forward to a productive and long term relationship with SEI."
SEI is a pioneer with proven data protection and storage management solutions that will enable Emerald Networks' customers in Iceland to be more resilient, efficient and agile in today's demanding, ever-changing world.
With this investment, SEI, an experienced and top-tier integrator of data recovery systems, recognizes the importance of data center development in Iceland and provides customized solutions for IT enterprise customers migrating to Iceland. The technologies being implemented on this initiative will significantly lower costs associated with both high performance computing (HPC) and data storage systems located in Iceland, while utilizing green energy in a truly sustainable manner.
"We welcome SEI as an investor in Emerald Networks as we begin to deploy the most advanced submarine cable network providing the lowest latency and largest amount of bandwidth between Iceland and North America and Europe," said Greg Varisco , President of Emerald Networks. "SEI is an experienced top-tier integrator of data storage systems, and recognizes the important value proposition that Iceland offers large-scale data centers. With this investment, SEI is demonstrating their ability to be part of this unique solution set for the IT industry, including both the internet content providers and enterprise customers migrating to either public or private cloud services."
This news is the latest in a series of strategic company milestones that Emerald Networks has announced recently. Over the past three months alone, the company announced the appointments of Dr. William C. Marra to Chief Executive Officer, Mr. Phillip Magiera to Chief Financial Officer and Dr. Gisli Hjalmtysson to its Board of Directors.
ABOUT EMERALD NETWORKS
Emerald Networks (www.emeraldnetworks.com), is a new-build network submarine cable system that will connect North America to Europe and Iceland with extraordinary new capacity and will be a low-latency network across the Atlantic. Emerald Networks is an open network architecture platform that is agnostic and enables upgrades with various new technologies. It will be the first 100G system with a unique route that links Shirley, New York to the West Coast of Ireland with a branch connection to Grindavik, Iceland and a future branch connection to Lisbon, Portugal. The system is scheduled to be ready for service by mid 2014.
ABOUT STORAGE ENGINE, INC.
Storage Engine, Inc. (SEI), is an innovative provider of data storage solutions, professional service and electronic data management solutions for enterprises and departments that serve a wide range of business and government markets along with a wide range of other services to enable the virtualization, capture, tracking, storing, sharing, replication, cloud based storage and performance focused utilization of information assets, with compliance, cost effectively.
SEI provides leading IT services including implementations, IT program management, enterprise architecture – including the design, configuration, testing, deployment, maintenance and enhancements. SEI provides trained IT staffing in addition to its high performance and highly available data storage and cloud based solutions for the enterprise.
North 6th Agency, Inc. (for Emerald Networks)
SOURCE Emerald Networks
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