Digital Alpha Advisors (“Digital Alpha”), a digital infrastructure investment firm, has announced the asset acquisition of Unitas Global’s Connectivity Business.
The company will operate under the name Unitas Global, continuing its focus on enabling customers to simplify and consume complex connectivity solutions globally. The combination of its automated design and pricing platform, Unitas Nexus™, and its global network, Unitas Reach™, creates a compelling offering to enable digital transformation for enterprise networks.
According to a recent IDC study, 80% of organizations around the world are expected to adopt modern, automated networks over the next two years. Digital Alpha is advancing their support and growth of the digital economy with the addition of Unitas Global to its existing portfolio of companies focused on next generation networking.
These platforms are uniquely positioned to leverage innovative automation and software defined networking technologies to meet the needs of enterprises modernizing their digital infrastructure.
“The acquisition of Unitas Global’s Connectivity Business assets is a further demonstration of Digital Alpha’s commitment to digital infrastructure and the next generation of networking,” Digital Alpha Managing Partner, Rick Shrotri, shares. “The global data networking marketplace offers a significant opportunity for companies with the vision and the capability to enable critical end-to-everywhere services. We look forward to adding Unitas Global’s Connectivity Business assets to our portfolio and building on its already strong foundation.”
“The disruptive nature of Unitas’ twin-pillar strategy has become increasingly self-evident in the market. The team is ready to take on the next chapter, partnering with Digital Alpha and its portfolio companies, to become the market leader redefining agile connectivity solutions for the enterprise,” states Patrick Shutt, CEO of Unitas Global. Grant Kirkwood, Co-founder and CTO of Unitas Global, adds, “We are extremely excited to invest in the further development of our proprietary Unitas Global technologies, including Unitas Nexus™ and Unitas Reach™, to support our customers globally.”
With this acquisition, Digital Alpha becomes the controlling stakeholder of the Connectivity Business assets. The current management team will continue to lead the focused Connectivity Business. Digital Alpha’s investment also enables new partnership opportunities with other key portfolio investments and industry relationships.