Xand Appoints Yatish Mishra as Chief Executive Officer
HAWTHORNE, N.Y., Feb. 20, 2013 /PRNewswire/ -- Xand, a leading Northeast data center, cloud and managed services provider for the enterprise, today announced that they have named Yatish Mishra as the company's President and CEO. Mishra has also been appointed to the company's Board of Directors. In this new role, he will lead all functions of Xand's business including strategy, acquisitions, technology, operations, sales and finance. Mishra will also look to continue Xand's momentum in the marketplace following the company's pair of acquisitions and record revenue growth in 2012, as well as the significant data center and business continuity workspace expansion projects at the company's six facilities across four states.
"Xand is excited to have landed such an outstanding executive with Yatish's proven industry track record to lead the company's continued growth and strategic vision moving forward," said Brian St. Jean, Partner at ABRY Partners. "His deep understanding of the data center, managed services and cloud computing sectors will strengthen Xand's ability to maintain their leadership position in the Northeast region."
Since first coming to Xand in July of 2012, Mishra has overseen tremendous revenue growth, a vast amount of new construction projects, as well as the successful integration of three companies into one leading data center platform.
"I'm thrilled to have been given this opportunity to lead such a talented, well-positioned company as Xand," said Yatish Mishra. "The ideal geographic location of Xand's six facilities in the Northeast, combined with our flexible cloud, managed services and business continuity offerings and strong focus upon customer service excellence make us a very attractive play for enterprises with demanding IT infrastructure requirements."
Mr. Mishra brings over 26 years of senior IT and executive leadership experience to the Xand team with an extensive background in the data center industry. Earlier in his career, Mishra served as co-founder, President and CEO of RagingWire Data Centers and led the company from inception to record growth in revenue and profitability during his tenure. Prior to that, he was the corporate Vice President of Information Technology at Photronics, Inc., a public company servicing the semiconductor industry, where he oversaw all global IT infrastructure and applications. Mr. Mishra was a finalist in both 2007 and 2010 for the Ernst and Young Entrepreneur of the Year Program and he's a holder of numerous United States and European patents in the field of IT systems automation and data center power design. Mishra holds a degree in Applied Physics with a specialty in Physical Electronics from the University of California, Davis.
Xand is a highly resilient facilities-based provider of data center managed services. For more than two decades, Xand has designed, built and managed IT infrastructure services which allow enterprises to maximize their critical application performance and availability. With data centers in New York, Pennsylvania, Connecticut and Massachusetts, Xand offers colocation, cloud, enterprise hosting, managed services, business continuity, disaster recovery and wide area networking throughout the region via its best-in-class facilities, engineering expertise, and commitment to customer service excellence.
For more information, please visit http://www.xand.com.
About ABRY Partners
Founded in 1989, ABRY is one of the most experienced media, communications, and business information services' sector-focused private equity investment firms in North America. ABRY has completed over $27 billion of transactions, representing investments in more than 450 properties. The firm is currently managing over $3.7 billion of total capital and investing out of a $1.6 billion private equity fund, $950 million senior equity/mezzanine fund and a $1.2 billion senior debt fund. ABRY has extensive data center and communications investing experience through investments such as Basefarm, CyrusOne, Datapipe, e-Shelter, Hosted Solutions, Masergy, Sidera, Sentrum Holdings, Telx, and Q9 Networks.
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