GLOBIX HISTORY
Globix was founded in 1989 as a reseller and systems integrator.
By 1995, the company recognized the enormous potential and growing
business demand for Internet services and solutions, and began to
implement a strategy to provide both Internet access and facilities-based
Web hosting solutions.
After an initial public offering in 1996, Globix began the early
development of its Internet business model and expanded to offer
Internet access and Web Hosting solutions. Leveraging its considerable
experience as a value-added solutions provider, Globix was able
to provide customers with an end-to-end solution, enabling them
to effectively utilize the Internet as a business tool. By 1997,
Globix was recognized as one of the leading Internet solutions providers
in the New York regional market serving major national and international
corporations, local businesses and Internet start-ups.
In 1998, Globix embarked on a global growth strategy that included
the construction of a high-speed, fiber-optic backbone network connecting
three advanced SuperPOP Internet Data Centers in New York, Santa
Clara and London. These were financed through a series of bond,
public and private offerings and began serving customers in the
summer of 1999. This construction increased the total Internet Data
Center space to 289,000 gross square feet.
The spread of broadband technologies and the cost benefits of corporate
IT outsourcing continued to drive the rapid expansion of the
Internet services market – and the demand for Globix premium-quality
services. An $80 million investment by private equity firm Hicks,
Muse, Tate & Furst, along with the sale of $600 million in 12.5
percent senior notes, provided the capital for Globix to broaden and enhance
our network both geographically and capacity-wise.
Globix upgraded its U.S. network to an OC-48 optical ring, purchased
a 1,625-mile STM-16 ring in Europe, and opened new POPs during 2001.
As advances in technology are changing the way businesses communicate,
Globix is leveraging its infrastructure to develop and support application
services that appeal to broad audiences. Globix Streaming media
appeals to companies as a viable and economical way to bring events
such as concerts, keynote addresses, corporate presentations and
stockholder meetings to large and widely distributed audiences.
Globix E-mail messaging services encompass a sophisticated, high-performance
outsourced messaging infrastructure that enables businesses to manage
the technological complexities associated with messaging and stay
competitive with the latest features, while simultaneously reducing
costs and easing IT burdens. And finally, in response to demand
for content distribution from the edges of the Internet, the Globix
EarthCache Content Delivery Network is the first CDN of its kind
to be developed by an Internet backbone provider and ensures that
high-quality content is delivered reliably and quickly, directly
to end-users.
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