Q9 is founded as Myna Communications, an ISP and web hosting provider in Toronto.
First Myna co-location facility opens in downtown Toronto.
The company's name changes to Q9 Networks and its management team is expanded. The decision is made to focus the company on becoming Canada's leading provider of outsourced data centre services.
Q9 raises $26.5 million in private equity. The first Q9-branded data centre opens in downtown Toronto.
Q9 raises an additional $88.5 million in a second round of private equity financing.
Q9 opens its first data centre in downtown Calgary and acquires a 160,000 square foot data centre in Brampton, the largest data centre in Canada at the time, from Exodus, a U.S. hosting company.
Q9 goes public in an IPO on the Toronto stock exchange (TSX: Q) that raises a further $32 million for the company. The first Toronto data centre reaches capacity, resulting in the opening of a second downtown Toronto data centre. Q9 signs a five-year contract with an anchor tenant at its Brampton data centre.
Q9 announces a third Toronto data centre.
Plans to invest $25 million in a second Calgary data centre are announced. In addition, plans are announced to invest $20 million to expand the Brampton data centre. IBM Canada signs on as a reseller of Q9 services.
Q9 opens its third data centre in downtown Toronto and its second data centre in Calgary.
Q9 announces plans to invest up to $50 million in a third Calgary data centre. Q9 is acquired by private equity firm ABRY Partners for $17.05 per share or approximately $361 million.
Q9 signs a 15-year, $100 million agreement with EDS Advanced Solutions (now HP Advanced Solutions) to build and operate a new data centre in Kamloops, BC. The BC government will be a significant anchor tenant and capacity in the new data centre will also be available to Q9's commercial customers.
Q9 secures a $210 million credit facility and announces plans to invest $125 million in a new 240,000 square foot data centre at its Brampton campus. The announcement represents Q9's largest-ever investment in data centre capacity serving the Greater Toronto Area.
Q9 opens two additional phases at its Brampton data centre campus and opens the first two phases of its Kamloops data centre site. Q9 also announces it has deployed the new Internet addressing standard, IPv6, in all of its data centres.
Q9 secures a new $450 million credit facility.
Q9 opens an additional phase at its third Calgary data centre site. Q9 is acquired for $1.1 billion by an investor group comprised of BCE Inc., Ontario Teachers' Pension Plan, Providence Equity Partners, and Madison Dearborn Partners. The company continues to operate as a stand-alone entity managed by its existing executive team, including CEO Osama Arafat and President and COO Paul Sharpe.