Iron Mountain announces it has completed its acquisition of Regency Technologies.
“This acquisition represents a pivotal step in our journey, reshaping the landscape of IT asset disposition and management. We are excited to embark on this new chapter, leveraging the combined scale and expertise of both organizations to deliver unparalleled value to our clients.” said Jim Levine, CEO of Regency Technologies.
Iron Mountain (NYSE:IRM) is the global leader in innovative storage, data center infrastructure, asset lifecycle management and information management services. Building on Iron Mountain’s extensive logistics network, which already provides customers with leading information security in IT Asset Lifecycle Management (ALM), the combined platform will establish a market leading distributed footprint for the remarketing and recycling of IT assets. This will result in enhanced environmental sustainability and increased value recovery at the end of the IT asset lifecycle.
“We are thrilled to welcome everyone at Regency to the Iron Mountain team. Together, we are poised to redefine excellence in IT asset lifecycle management and disposition, offering a more comprehensive, secure, and efficient solution to our valued clients.” Said Mark Kidd, EVP & General Manager, Iron Mountain Asset Lifecycle Management & Data Centers.