Iron Mountain has entered into a definitive agreement to acquire Regency Technologies.
“We are excited to add Regency’s extensive experience of over 20 years, during which we’ve successfully served enterprises, government entities and retailers, to Iron Mountain’s already impressive customer portfolio, which includes 95% of the Fortune 1000,” 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.