SoftLayer Technologies provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. The company's customers range from web startups to global enterprises. Products and services include bare metal and virtual servers, networking, turnkey big data solutions, private cloud solutions, and more.
Investment Details
- Investment Date: May 2006 to July 2013
- Status: Realized
- GI Role: Sole Investor
Value Creation Strategies
Over the course of our hold period, GI helped management build SoftLayer into a global leader in cloud computing and hosting services.
- Talent Development: Hired key senior-level executives throughout the life of the investment
- Organic Growth: Expanded the data center capacity and geographic footprint, and launched new products, such as cloud storage, virtual rack, and fully-managed hosting
- M&A: GI acquired EV1 and The Planet in 2006 and subsequently merged these businesses with SoftLayer in 2010. The combined company benefited from significant innovation, scale and cost efficiencies
Exit
GI sold SoftLayer to IBM (NYSE:IBM) in July 2013.
Headquarters
Dallas, TX
