Cloud-hosting company
Linode, LLC (Linode) has bought a building featured in MTV's "Real World” – a groundbreaking reality TV show that was first broadcast in 1992. In the show a group of youngsters were chosen to live together and were continuously filmed. Discussion topics covered by the reality TV program’s stars covered a wealth of areas, including sex, prejudice, religion, abortion, and other issues relevant to young people. The 15,000-square-foot building, which was built in 1902 and was featured in Real World’s 2004 season, is now central to Philadelphia’s “tech corridor”. It has cost Linode $5 million.
Linode, which was founded in 2003, is a cloud-hosting company which specializes in services for designers and developers. The company caters to a 400,000-strong customer base and its options are supported by high performance SSD Linux servers and are made available through data centers in North America, Europe and Asia. The company’s employees will not have to move to Philadelphia, and can remain at the company’s Galloway Township and Haddonfield premises.
"I’m proud of having bought the building, and I feel like we’re going to save this thing," suggested Christopher S. Aker, CEO of Linode in discussion with the Philadelphia Business Journal. “I hope the community appreciates it as well. We will leave it in a better condition than we found it. "The farther away you move, the bigger risk there is to your company," Aker said. "I thought that had the best chance of success from a risk standpoint. The entire company is in South Jersey right now, near the Philadelphia area. There's a thriving tech community on Nerd Street, and we haven’t yet benefited from meeting other tech companies. I'm very much looking forward to that."
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