Digerati Technologies Appoints New Chairman and CEO with a Renewed Focus on Recurring Revenue Growth and Accretive Acquisition Strategy
Digerati Technologies (OTCID: DTGI) on October 22, 2025 appointed Robert DelVecchio as Chairman and CEO to emphasize recurring revenue growth and an accretive acquisition strategy.
The company highlighted WaivCloud, its co‑location data center subsidiary with east and west coast operations and long‑standing clients, and said a pipeline of potential acquisitions is under review. The announcement noted recent resignations of board members Craig Clement and Max Polinsky. Mr. DelVecchio previously led Assured Pharmacy to $20 million in annual revenue and a sale to a private equity firm.
Digerati Technologies (OTCID: DTGI) il 22 ottobre 2025 ha nominato Robert DelVecchio presidente e CEO per enfatizzare la crescita dei ricavi ricorrenti e una strategia di acquisizioni accretive.
L'azienda ha evidenziato WaivCloud, sua controllata di data center co‑locato con operazioni sulle coste orientale e occidentale e clienti di lunga data, e ha comunicato che è in valutazione un portafoglio di potenziali acquisizioni. L'annuncio ha menzionato le recenti dimissioni dei membri del consiglio Craig Clement e Max Polinsky. Il signor DelVecchio in precedenza ha guidato Assured Pharmacy a $20 milioni di ricavi annuali e a una vendita a una società di private equity.
Digerati Technologies (OTCID: DTGI) en 22 de octubre de 2025 designó a Robert DelVecchio como presidente y director ejecutivo para enfatizar el crecimiento de ingresos recurrentes y una estrategia de adquisiciones que agregue valor.
La empresa destacó WaivCloud, su filial de centro de datos de co‑ubicación con operaciones en las costas este y oeste y clientes de larga data, y señaló que se está revisando una cartera de posibles adquisiciones. El comunicado señaló las recientes renuncias de los miembros de la junta Craig Clement y Max Polinsky. El señor DelVecchio había dirigido Assured Pharmacy hasta $20 millones en ingresos anuales y una venta a una firma de capital privado.
Digerati Technologies (OTCID: DTGI)가 2025년 10월 22일에 로버트 델벡키오를 회장 겸 최고경영자로 임명하여 반복 매출 성장과 수익성 있는 인수 전략을 강조했습니다.
회사는 동부 및 서부 해안에서 운영되며 장기간 고객을 보유하고 있는 코로케이션 데이터 센터 자회사 WaivCloud를 강조했고, 잠재적 인수 파이프라인이 검토 중이라고 밝혔습니다. 발표에서는 이사회 멤버 크레이그 클레먼트(Craig Clement)와 맥스 폴린스키(Max Polinsky)의 최근 사임이 언급되었습니다. 델벡키오는 이전에 Assured Pharmacy를 이끌어 연간 매출 2천만 달러를 달성했고 사모펀드에 매각되었습니다.
Digerati Technologies (OTCID: DTGI) a nommé le 22 octobre 2025 Robert DelVecchio en tant que président et directeur général afin de mettre l'accent sur la croissance des revenus récurrents et une stratégie d'acquisition accréditive.
L'entreprise a mis en avant WaivCloud, sa filiale de centre de données en colocation avec des opérations sur les côtes est et ouest et des clients de longue date, et a indiqué qu'un pipeline d'acquisitions potentielles est en cours d'examen. L'annonce a noté les récentes démissions des membres du conseil Craig Clement et Max Polinsky. M. DelVecchio avait auparavant mené Assured Pharmacy à $20 millions de revenus annuels et à une vente à une société de capital-investissement.
Digerati Technologies (OTCID: DTGI) hat am 22. Oktober 2025 Robert DelVecchio zum Chairman und CEO ernannt, um das Wachstum wiederkehrender Umsätze und eine akkretionäre Akquisitionsstrategie zu betonen.
Das Unternehmen hob WaivCloud hervor, seine Co-Location-Rechenzentrums-Tochter mit Betrieb an Ost- und Westküste und langjährigen Kunden, und sagte, dass eine Pipeline potenzieller Übernahmen geprüft wird. Die Ankündigung erwähnte die jüngsten Rücktritte der Vorstandsmitglieder Craig Clement und Max Polinsky. Herr DelVecchio hat zuvor Assured Pharmacy zu $20 Millionen Jahresumsatz geführt und den Verkauf an eine Private-Equity-Firma veranlasst.
Digerati Technologies (OTCID: DTGI) في 22 أكتوبر 2025 عيّنت روبرت دِلڤيكيو كرئيس مجلس الإدارة والرئيس التنفيذي لتسليط الضوء على نمو الإيرادات المتكررة واستراتيجية استحواذ تعزز القيمة.
وقد أشارت الشركة إلى WaivCloud، وهي شركة تابعة لها لبيئة مراكز بيانات مشتركة مع عمليات على الساحلين الشرقي والغربي وعملاء منذ زمن طويل، وذكرت أن خط أنابيب من عمليات استحواذ محتملة قيد التقييم. وأشار الإعلان إلى استقالة أعضاء المجلس حديثاً كريغ كليمنت وماكس بولينسكي. السيد دِلڤيكيو قاد سابقاً Assured Pharmacy إلى $20 مليون من الإيرادات السنوية وببيعها لشركة استثمار خاص.
Digerati Technologies (OTCID: DTGI) 于 2025年10月22日 任命罗伯特·德尔维基奥为董事长兼首席执行官，以强调经常性收入增长和增厚型并购策略。
公司重点介绍WaivCloud，这是其共同定位数据中心子公司，在东西海岸运营并拥有长期客户，并表示潜在并购管线正在审核中。公告还提到董事会成员克雷格·克莱门特和马克斯·波林斯基最近辞职。德尔维基奥先生此前领导Assured Pharmacy实现了 $2000万 的年度收入，并将其出售给一家私募股权公司。
- New CEO with >30 years capital markets experience
- WaivCloud operates co‑location sites on east and west coasts
- Previous CEO role produced $20 million annual revenue and sale
- Two board members, Craig Clement and Max Polinsky, recently resigned
- Acquisition plans are currently nonbinding and under review
Brings Capital Markets and Business Operations Expertise
Port Jefferson, NY, Oct. 22, 2025 (GLOBE NEWSWIRE) -- Digerati Technologies, Inc., (“Digerati,” the “Company,” “we,” “our” or “us”) (OTCID: DTGI), through its WaivCloud, Inc. subsidiary, a co-location data center service provider, today announced the appointment of Mr. Robert DelVecchio as its Chairman and Chief Executive Officer, bringing more than 30 years of capital markets and business experience.
Robert DelVecchio, Chairman and CEO of Digerati Technologies, commented, “I am very excited for this opportunity to lead Digerati into its next stage as we seek to expand our recurring revenue. WaivCloud’s co-location data center business is a solid platform to build upon with its east and west coast operations and long-standing clients. Our team has a robust pipeline of potential acquisitions that are currently under review, as we seek to add accretive and complementary businesses. I would like to thank Craig Clement and Max Polinsky for their time serving on the Board of Directors, as both have recently resigned. We look forward to increasing our communication and visibility as we advance our business.”
Previously, Mr. DelVecchio was Chief Executive Officer and a director of Assured Pharmacy, Inc. since February 2005, and guided Assured Pharmacy to
About Digerati Technologies, Inc. (OTCID: DTGI)
Digerati Technologies, Inc. is a holding company and through its subsidiary, WaivCloud, Inc., the Company provides co-location, and related technology infrastructure solutions to business customers across the United States. Waiv Cloud is a colocation services provider driven by a passion for exceptional customer service. Our mission is to deliver secure, reliable, and scalable data center solutions to reduce downtime and streamline operations for our clients. We pride ourselves on building lasting relationships through personalized support, responsiveness, and a deep understanding of each client's unique needs. With innovation at our core and people at the heart of everything we do, we're redefining what it means to be a data center partner in a fast-moving digital world.
For more information, please visit: https://digerati-inc.com and https://waivcloud.com.
Forward-Looking Statements:
The foregoing material may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. Forward-looking statements include all statements that do not relate solely to historical or current facts, including without limitation statements regarding the Company’s product development and business prospects, and can be identified by the use of words such as “may,” “will,” “expect,” “project,” “estimate,” “anticipate,” “plan,” “believe,” “potential,” “should,” “continue” or the negative versions of those words or other comparable words. Forward-looking statements are not guarantees of future actions or performance. These forward-looking statements are based on information currently available to the Company and its current plans or expectations and are subject to a number of risks and uncertainties that could significantly affect current plans. Risks concerning the Company’s business are described in detail in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023, and other periodic and current reports filed with the Securities and Exchange Commission. The Company is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.
Investor Contacts:
Robert Delvecchio
p949-302-0934
rdelvecchio@digerati-inc.com
FAQ
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