Data centre solutions firm set to reduce big spenders’ carbon
emissions following further investment
8th September 2010
Data centre solutions provider, Unite Technologies Ltd, is
aiming to help businesses achieve substantial reductions in their
energy consumption and carbon emissions following a further
investment round from Finance Wales.
The £700,000 equity and debt investment, Finance Wales’ third
investment in the company since 2001, will enable Unite
Technologies to accelerate the further development of its
innovative power and environmental monitoring solutions and expand
the company’s presence into North America.
Unite Technologies’ power and environmental monitoring solutions
can help companies reduce the annual energy consumption of their
data centres and IT infrastructures by around 25 per cent.
Unite’s monitoring solutions enable companies to make informed
decisions about reducing overall energy costs. The company’s
solutions provide a consolidated view of energy consumption and can
report this over a network in real-time.
“Companies managing large data centres are under increasing
pressure to reduce their energy consumption as well as their carbon
emissions in line with government legislation,” explained Simon
Terry, Chief Executive of Unite Technologies.
“Our power and environmental monitoring solutions help companies
minimise their energy consumption and achieve real savings. In most
cases, we can help reduce annual energy consumption by about 25 per
cent and have a significant impact on their bottom line and green
credentials.”
Terry added: “Finance Wales’ investment will help us to achieve
our plans to further develop our integrated energy consumption
monitoring system and break into global markets.”
James Henderson, Portfolio Development Executive at Finance
Wales, said: “Finance Wales’ third investment round will enable
Unite Technologies to continue developing its innovative power and
environmental monitoring solutions.
“We are pleased to be able to provide the right level of
additional investment at the right time to support a company with
such a strong track record for innovation and the ability to break
into global markets.”
As part of its ambitious development and expansion plans, Unite
Technologies which has its headquarters in Usk, Monmouthshire,
recently opened a New York office.
The company has recently secured two further contracts worth
circa £1.5 million with large financial institutions based both
here in the UK and the USA.
Unite Technologies was established in 2007, following the merger
of Comrac Ltd and Sinetica Corporation and currently employs 35
people in 3 offices.
The company’s customer base consists of global blue-chip
organisations with large business critical data centres. This
covers a wide range of market sectors including financial,
broadcast, hosting, telecoms and government.
Advisors on the deal were Berry Smith (legal to Unite
Technologies), PWC (financial to Unite Technologies) and Eversheds
(legal to Finance Wales).
For more information, please contact:
Marianna Marks
Tel: 079 5869 0659
E-mail: marianna@mandmcomms.com