QTS Realty Trust (QTS) Announces Acquisition of Rights to VMware vCloud Government Service

October 5, 2016 9:03 AM EDT

Get the Pulse of the Market with StreetInsider.com's Pulse Picks. Get your Free Trial here.

QTS Realty Trust (NYSE: QTS) announced the acquisition from VMware of sole rights to VMware vCloud® Government Service, a Federal Risk and Authorization Management Program (FedRAMP) compliant cloud solution. The vCloud platform, now QTS Government Cloud, is an industry-leading FedRAMP compliant solution that was previously developed in partnership between QTS and VMware to deliver cloud services to the Federal sector.

Through this agreement, QTS will now wholly own and control the infrastructure supporting the QTS Government Cloud. Although this is not a material financial transaction, it will provide QTS with expanded flexibility and control in delivering the QTS Government Cloud solution and provide the exclusive rights to sell both directly and through a broader array of sales channels. QTS' comprehensive and growing portfolio of highly compliant hybrid technology solutions is engineered to address IT infrastructure complexity and compliance challenges facing Federal IT professionals in the public sector marketplace.

The QTS Government Cloud continues to be an exclusive Infrastructure-as-a-Service (IaaS) Community Cloud for government agencies that speeds their path to cloud adoption by supporting both traditional and hybrid system deployments. As the Cloud Service Provider (CSP) and system owner, QTS was granted a FedRAMP Joint Authorization Board (JAB) Provisional Authority to Operate (P-ATO) in February 2015 and will continue meeting FedRAMP compliance requirements. QTS Government Cloud is also authorized to host Department of Defense (DoD) Impact Level 2 (IL2) workloads.

"With the purchase of Carpathia last year, QTS expanded its ability to provide compliant solutions to federal agencies," said Dan Bennewitz, Chief Operating Officer, Sales and Marketing – QTS. "We support agencies' and systems integrators' FedRAMP compliance requirements across our services portfolio. In addition to the Agency systems residing on the QTS Government Cloud we also host multiple FedRAMP Authorized systems on our Managed Hosting and Colocation service offerings."

"Federal government customers rely on vCloud Government Service as a flexible and scalable fully-integrated technology services platform," said Lynn Martin, Vice President, Public Sector Sales, VMware. "We believe QTS is ideally suited to accelerate investment in the vCloud Government Services offering, while providing excellent support to the benefit of our mutual customers."

The highly secure, FedRAMP compliant QTS Government Cloud is built for key government organizations. FedRAMP is a program run by the federal government that issues authority to providers to move sensitive data across the cloud while following stringent and complex mandates in the cloud arena. QTS' Federal experience and past performance is well-documented as they have worked closely with civilian, defense and intelligence community agencies to support more than 50 Authorizations to Operate (ATO) across diverse IT systems.

QTS Government Cloud offers more flexibility and a broader capability to solve customer business problems, including the ability to deliver innovative services, achieve higher utilization rates, reduced TCO, faster application deployments and faster times to application optimization. Additionally, QTS Government Cloud customers are able to integrate a totally compliant hybrid environment through additional colocation and managed services offered by QTS.

QTS continues to demonstrate its ability to differentiate its products to appeal to the growing public and private cloud market and looks forward to continuing to support global cloud providers who are looking to access FedRAMP compliant capabilities through QTS' Government Cloud solution.

"QTS Government Cloud is the FedRAMP compliant cloud solution that is ideal for our rapidly expanding IT products and solutions in the Federal market," said Chris Chroniger, CTO of Gap Solutions, Inc., "QTS' expanding capabilities supporting HIPAA, FISMA, and PCI compliance, along with its high touch customer approach is particularly important as we look to serve other highly regulated industries."

With its extensive qualifications and its own P-ATO, QTS continues leveraging its core competencies and public sector expertise in the form of new services for other service providers to decrease their risk and increase their ability to maintain compliance with tough standards like FedRAMP. In addition to NIST standards, QTS also supports customers seeking compliance across FISMA, DoD RMF/DIACAP, HIPAA/HITECH, PCI, International Traffic Arms Regulations (ITAR), FIPS 140-2, ISO 27001:2013, and AT 101 SOC Type 2, among others.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In

Related Categories

Corporate News, Mergers and Acquisitions

Related Entities

Twitter, Definitive Agreement

Add Your Comment