M&A

QTS Realty Trust completes Carpathia acquisition

QTS Realty Trust has completed its $326 million acquisition of Carpathia in a deal that brings a number of authorizations of operate (ATOs) with civilian and defense agencies to QTS.

The deal was announced in May. Carpathia also brings with it a professional ATO from the FedRAMP joint authorization board.

The acquisition enhances QTS’ federal presence, which the company has had for a few years. The company received FedRAMP compliance in 2014 and markets its solution called QTS Federal Cloud as an infrastructure.

QTS also signed an agreement earlier in 2015 to resell Carahsoft cloud solutions through GSA Schedule 70.

Former Carpathia CEO Peter Weber will join the QTS executive team as chief product officer.

About the Author

Mark Hoover is a senior staff writer with Washington Technology. You can contact him at mhoover@washingtontechnology.com, or connect with him on Twitter at @mhooverWT.

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