Ombu NEWS 2017

Sheffield – 1st July, 2017. Iceotope, a leading provider of data centre cooling technology, today announced the appointment of Steve Barber as Chairman of the Board with immediate effect.

Steve, who has over 30 years’ experience in the information technology hardware sector, will work with Iceotope’s management team to assist in positioning the company’s technology at the heart of next generation data centre architectures. The drive towards environmentally friendly, high efficiency data centres represents a phenomenal opportunity for the company.

David Craig, CEO of Iceotope said: “We are delighted to welcome Steve to Iceotope. We look forward to working with him, drawing on his experience and guidance, as we address the significant market opportunities ahead of us. We have ambitious plans for Iceotope and believe Steve will greatly assist us in delivering our goals”. 

For 11 years, Steve was CEO of Xyratex, a leading provider of data storage solutions to major global information technology brands, and capital equipment to the disk drive sector. From a career with IBM, a member of a successful Management Buy-Out team, Steve was appointed CEO of Xyratex in 2003, first leading a Private Equity investment in the company, then a NASDAQ IPO a year later in 2004. The company grew revenues to $1.6bn before being acquired in 2013.

Duncan White, Investment Director at Ombu Group, one of Iceotope’s main investors, commented: “Ombu and our co-investor Aster Capital, are delighted to welcome Steve as Chairman. We believe Iceotope is well positioned for growth and Steve’s experience and skills are an ideal match for the Board’s growth strategy for the company”.

Steve commented on his appointment, saying: “I look forward to working closely with the Iceotope team. The Company’s cooling solutions are proven, compelling and well positioned as a key enabling technology in the growth of data centres, both large and small, on-site and cloud based”.    

Steve currently holds non-executive positions with RedLux Ltd., a leading provider of precision non-contact measurement systems; Arkivum Ltd., a leading provider of data archiving solutions; and the University of Southampton Science Park providing best-in-class incubator services to innovative technology companies.