The board of directors of TeleCity, a data center service provider and Redbus Interhouse, today announced a recommended cash offer to be made by Torch Partners on behalf of TeleCity Group (the holding company, previously known as Inhoco) to merge with Redbus Interhouse, a Europe based colocation and managed service provider.
With the merger the senior management team to lead the businesses will comprise of Mike Tobin, CEO; Carl Fry, Finance Director of Redbus Interhouse; Trevor Wadcock, Operations Director and Matthew Gingell, Marketing Director at Telecity. Rick Hudson CEO, Telecity and Josh Joshi, Finance Director, Telecity will step down.
"This is excellent news for shareholders, employees and customers of Redbus Interhouse. This has been an outstanding year of performance for Redbus Interhouse and we have continued to demonstrate our commitment to offer real and beneficial business solutions to the companies that colocate within all our datacentr
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