CBRE Group, the global data center real estate firm, has acquired the assets of Romonet, which develops analytics software for data center operators. Financial terms were not disclosed.
Romonet's software helps increase capacity at data centers. The company was founded in 2008 by data center technology pioneers Zahl Limbuwala and Liam Newcombe. Romonet is based in the UK and serves clients across the globe. Romonet and its team of professionals will be integrated into CBRE’s global Data Center Solutions offering.
John Dunstan, president, Data Center Solutions at CBRE, said: “Romonet adds complementary market-leading solutions to our existing platform and will help us to deliver highly differentiated outcomes for our clients across the globe.”
Mr. Limbuwala, co-founder of Romonet, said: “The data center market continues to rapidly evolve and scale, and automation is increasingly critical. Joining CBRE’s leading global data centers team will allow us to provide worldwide support and capability for our clients.”
