Data Sales Co. will increase its lease facility with StackPath to $20 million to support the company’s global IT equipment expansion in 24 cities.
“I have worked with Data Sales on our IT leasing requirements for nearly 15 years, first at The Planet, then SoftLayer and now StackPath. They have been a key financial partner over this period, and my entire team values the relationship we have built with them,” said Lance Crosby, CEO of StackPath.
Data Sales has a long history with Crosby’s companies. StackPath’s expansion requirements for servers and networking equipment was a match to the Data Sales lease offering, which is designed for companies that provide services over the internet.
“We are excited to provide this lease facility to StackPath for their global IT infrastructure expansion. The cloud presents a tremendous opportunity and we are proud to support StackPath as a valued client,” said Dan Gannon, senior director of Data Sales Co.
Founded in 1973, Data Sales Co. is a full-service IT lessor with more than $2.5 billion in lease originations spanning more than four decades.
StackPath provides secure cloud services which enable developers to build safe solutions.
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