Iron Mountain acquires data centre firm Web Werks

The co-founders of Web Werks, Nikhil and Nishant Rathi, have exited the data centre firm by selling their entire stake to US-based Iron Mountain for Rs 1400 crore.

The two will continue to retain ownership of their software development business, NeoSOFT, and will scale up their technology and digital services platform, NeoNXT, going forward.