GlassHouse Technologies Announces Decision to Withdraw IPO
December 6, 2011
Framingham, Mass. – December 6, 2011– GlassHouse Technologies, a global provider of cloud, virtualization, security and next generation data center consulting and managed services, today announced that based on current market conditions, it has chosen not to proceed with its planned initial public offering at this time. The company intends to withdraw its registration statement on Form S-1 as filed with the Securities and Exchange Commission.
“Obviously the economic climate continues to be volatile, and we feel these are not the optimal conditions for GlassHouse to move forward with an IPO,” said Patrick J. Scannell, Jr., CEO of GlassHouse Technologies. “We are focused on being the leader in vendor independent services that provide strategy and operational support for our customers as they confront rapidly evolving end-user, cost and security demands on their IT environments.”
About GlassHouse Technologies
GlassHouse Technologiesis a global provider of data center infrastructure consulting and managed services. In a rapidly changing IT environment, GlassHouse partners with customers to define a data center strategy, execute that plan and operate their environment, helping clients address the complexities of cloud, virtualization, security and next generation data centers. Our constant focus is on cost efficiency, risk mitigation and service improvement. This is provided through Transom, our unique business model comprised of proprietary software tools, methodologies and domain expertise. We help deliver on the promise of agility and usage-based spending in the next generation infrastructure paradigm. This journey is significant and requires an experienced and pragmatic guide to help customers achieve their goals. Our experience is based on thousands of projects in addition to ongoing daily operations of customer environments. Visit the GlassHouse blog for expert commentary on key data center issues facing today's enterprises and follow us on twitter @GlassHouse_Tech.
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February 28, 2013
GlassHouse Technologies, a global provider of vendor independent IT infrastructure consulting and managed services, today announced the appointment of Michael Worhach to its Board of Directors.
February 6, 2013
GlassHouse Technologies, a global provider of vendor independent IT infrastructure consulting and managed services, today announced the appointment of Robert Bongi as Senior Vice President of Worldwide Service Delivery. In this role, Robert will be responsible for managing and orchestrating the delivery of GlassHouse’s services across all of the company’s consulting and managed services divisions.
January 14, 2013
Companies have a range of options for data center deployment: in-house, colocation or cloud. While each of the three types has its own strengths and weaknesses, there’s no one-size-fits-all strategy for every organization. GlassHouse Technologies has published a whitepaper, “Cloud, Colo or In-house?”, putting these three data center options in context. The whitepaper explains how a customized, tiered approach combining different data center types can best address the constantly changing needs of organizations.