ECS Refining Acquires ServoTerra

The electronics recycling company ECS Refining, Santa Clara, Calif., has acquired ServoTerra, Pleasanton, Calif., a company with a software-as-a-service (SaaS) platform that provides a business-to-business e-commerce exchange for remarketing and disposing of computer/IT equipment.

According to a release, the acquisition allows ECS Refining to broaden its service offerings with additional IT asset disposition resale capabilities for its customers.

The ServoTerra e-commerce exchange offers businesses a market to find the true market value of used capital assets. The exchange features a closed-loop, multi-market model that connects sellers and buyers, letting asset owners decide whether the asset will be redeployed internally, remarketed or consigned directly to a recycler.

"The acquisition of ServoTerra means that we're better able to address the varying needs of enterprises, manufacturers and recyclers, who can now look to ECS Refining for a flexible approach that solves their asset disposal and remarketing needs," says Jim Taggart, CEO and founder of ECS Refining. "By placing control of IT asset disposal in the hands of our customers, we can help them maximize the value of their end-of-life assets and present them with a complete set of options, ranging from remarketing and refurbishment through environmentally focused end-of-life options."

ServoTerra will operate as a wholly owned subsidiary of ECS Refining. Kevin Scanlon, ServoTerra’s co-founder, will join ECS Refining as president of ServoTerra and general manager of United Datatech, ECS’s an asset recovery and resale division.