
The Edge Business Continuity Center (EdgeBCC) was designed and built by LightEdge Solutions and several capital investors in 2006. The Anschutz Investment Company purchased the facility in its entirety in 2011 to solidify its holdings with LightEdge Solutions. During the purchase, additional capital was ear-marked for data center expansion and additional mechanicals to increase cooling and power redundancies.
LightEdge Solutions continues to operate, monitor and maintain all aspects of the facility and its mechanicals.
Press Release explaining the purchase
Overview of The Anschutz Corporation
The Anschutz Corporation and its affiliates, including Anschutz Company and Anschutz Investment Company, are the investment vehicles for the diversified interests of Philip F. Anschutz. Originally funded by the oil and gas holdings of his father, Anschutz, who consistently shuns publicity, quietly became a billionaire in the early 1980s as a result of his oil and gas exploration ventures. Consistently ranked as the richest person in Denver, Anschutz became better known nationally in the late 1980s and early 1990s for acquiring railroad lines, including the small Rio Grande Railroad and a railroad giant, Southern Pacific Rail Corporation.
In 1996 he engineered the sale of Southern Pacific to rival Union Pacific Corporation, pocketing $1.4 billion in profits from an initial $90 million investment. By that time he had invested about $55 million into a sleepy offshoot of Southern Pacific to develop what would eventually become Qwest Communications International Inc. (now CenturyLink), the number four long-distance company in the United States as well as the owner of U S West Inc., one of the Baby Bells. In addition to maintaining a five percent stake in Union Pacific and being the largest shareholder of Qwest with a 38 percent stake, Anschutz continues his involvement in the energy sector through a 37 percent stake in Forest Oil Corporation, a Denver-based oil and gas exploration and production company; is heavily involved in the Los Angeles sports scene with his ownership of the Los Angeles Kings hockey franchise. the LA Galaxy professional soccer team as well as partial ownership of the Los Angeles Lakers basketball team and the state-of-the-art Staples Center; and has extensive real estate holdings.
Other holdings include:
Anschutz has built his $16-billion-plus fortune through tenacity, savvy deal-making, strategic timing, and a knack for spotting trends.
|