CBRE Group, Inc. To Acquire Romonet, Leading Global Data Center Technology Company

CBRE Group, Inc. (NYSE:CBRE) announced that it has acquired the assets of Romonet Limited, a leading advanced analytics software company which provides technology and consulting services for large global data center operators. Romonet’s team of professionals will join CBRE as part of the acquisition.

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 uses a patented cloud-based technology to unlock efficiencies and increase capacity at data centers. Romonet will be integrated into CBRE’s global Data Center Solutions offering.

Read the news here.