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Stratacache Expects Growth

Nice article about Chris Riegel and STRATACACHE in the Dayton Daily News [1] this week.

Chris Riegel, CEO of Stratacache. [2]

Chris Riegel, CEO of Stratacache.

Cornily entitled ‘(Digital) sign of the times: Stratacache expects growth‘ it’s well worth a read. It looks as though they may be ready to move into a new larger head office, either in Dayton or Texas (note that Boston, Montreal, Salt Lake City and San Jose, Calif. are current bases for their technical folks and wouldn’t move) – though Chris told the reporter that the announcement was still 2 months away.

They have an interesting goal – hitting $250 million in annual revenue by 2012!

Some nice stats about them at the bottom of the article too, repeated here…

STRATACACHE

Based: 1031 E. Third St., Dayton.

Dayton employees: About 25.

Total employees: About 100.

Products: Digital signs, digital video and content delivery, “out-of-home” media.

Quote: “We’re in the agile communication business. A certain large retailer of ours, when they fired their CEO and gave him a huge severance package, was able to be on live with their associates 20 minutes after it hit CNBC.” — Chris Riegel, Stratacache CEO.

Acquisition Plans: “We will certainly buy companies in 2009 and continue to grow that way.” — Riegel.