Verizon to Acquire Terremark for $1.4 Billion - Data Center Knowledge - Green Data Center News

Search:
Categories
Quotes
1. “ Cloud computing continues to fundamentally alter the way enterprises procure, deploy and manage IT resources, and this combination helps create a tipping point for "everything-as-a-service, said Terremark CEO Manual Medina. ”
  By Lowell McAdam
Topics Mentioned
- Netherlands
- Verizon Business
Authors
- Rich Miller

Verizon to Acquire Terremark for $1.4 Billion

Data Center Knowledge (Jan 27 2011) Cloud Computing
1. Verizon will acquire colocation and cloud hosting provider Terremark for $1.4 billion in a deal that will accelerate the telecom provider's push into cloud computing. Verizon will pay $19.00 in cash for each share of Terremark, about a 35 percent premium to the stock's closing price of $14.05 a... (Read Full Article)
  
  Bookmark or Share this article
Login to comment.
Related Articles
Ripples Felt From Outage at The Planet

also written by Rich Miller

Verizon Business Unveils Enterprise-Class Cloud-Based 'Computing as a Service' Solution

also mentions Verizon Business

Despite downturn, CIOs focus on IT initiatives

also categorized in Cloud Computing

Amsterdam: A Smart City Goes Live

also mentions Netherlands

Green Grid Offers Tools for Free Data Center Cooling

also categorized in Cloud Computing

HP Gets $4.8M in Incentives in Colorado

also written by Rich Miller

VMware Helps Enterprises and Governments of All Sizes Go Green

also categorized in Cloud Computing

Power Structures Shape Northwest Landscape

also categorized in Cloud Computing

Warning: More Security Dangers of Green IT

also categorized in Cloud Computing

VMware Helps Enterprises and Governments of All Sizes Go Green

also categorized in Cloud Computing