Datapipe Acquires Cloud Optimization Startup Newvem

JERSEY CITY, NJ--(Marketwired - Sep 10, 2013) -   Enhancing their Managed Service offering for Amazon Web Services (AWS), Datapipe, a global provider of managed services and infrastructure for outsourced IT and cloud computing, today announced it has acquired Newvem, a pioneer in cloud usage analytics and operations optimization.

The acquisition brings Datapipe to the forefront of the cloud ecosystem by combining Datapipe's proven managed IT services with an innovative cloud optimization platform. This comprehensive cloud solution empowers enterprises to easily deploy, govern, analyze, optimize, and manage their workloads on the AWS cloud to meet specific business requirements.

"Datapipe's acquisition of Newvem is aligned with our commitment to be the industry leader in managed cloud services for the enterprise," said Robb Allen, Datapipe CEO. "Combining Datapipe's proven enterprise IT and cloud services with Newvem's cloud optimization platform provides our clients with 360 degree insight into cloud operations and optimization."

Enterprise customers immediately benefit from:

• Clear and customizable visibility into AWS purchasing options, costs and usage. Forecast and execute IT and cloud budgets with control and confidence.
• Award winning AWS optimization, management, and support. Take advantage of Newvem insights with rapid response and resolution from Datapipe Managed AWS.
• A single provider solution to solve specific enterprise governance needs. Gain clear visibility into security, compliance, and cost. These powerful tools can be easily customized to report on individual business units and development teams within an enterprise.

Fuhu, Inc., the creator of the award winning nabi tablet, and 2013 Inc. 500 No. 1 fastest growing private company in America, recently engaged Datapipe for a hybrid cloud solution and optimization. "Ensuring that business critical workloads are secure and cost effective over the public cloud is very important to us; added capabilities to forecast costs, as well as identify opportunities to improve usage are a big part of making our cloud operations successful," said Jim Mitchell, CEO of Fuhu. "Datapipe enables a 360 degree view of our cloud operations to provide the ability to immediately optimize when needed. No other managed IT or cloud provider can provide this."

The acquisition provides Datapipe with a creative and experienced team of cloud development and business professionals. Robb Allen elaborates, "Our teams share a common passion for listening to our customers and responding to their unique business requirements. We're leveraging that customer intimacy to add features that will enhance this already powerful platform."

About Datapipe
Datapipe offers a single provider solution for managing and securing mission-critical IT services, including cloud computing, infrastructure as a service, platform as a service, colocation and data centers. Datapipe delivers those services from the world's most influential technical and financial markets including New York metro, Silicon Valley, London, Hong Kong, Shanghai and Singapore. For more information about Datapipe visit www.datapipe.com. Follow Datapipe on Facebook, Twitter, YouTube and LinkedIn.