2. Categories

      Data Center Design: Construction, Container, Data Center Outages, Monitoring, Power and Cooling
      Policy: Cap and Trade, Carbon Footprint, Carbon Reduction Commitment, Carbon Tax, Emissions
      Power: Biomass, Fossil Fuel, Fuel Cell, Geothermal, Hydro, Nuclear, Solar, Wind
      Application: Cloud Computing, Grid Computing
      Technology: Microblogging, Networking, Servers, Storage, Supercomputer

  3. Quotes

    1. “ There is a fundamental shift under way in how enterprises consume IT resources, and concluding this transaction is a turning point in Verizon's push to provide integrated, enterprise-class cloud solutions and accelerate growth in this important segment. ”
      By Robert Toohey

  4. Topics Mentioned


  5. Authors


  1. Verizon Completes Acquisition of Terremark

    Data Center Knowledge (Apr 11 2011) Cloud Computing

    1. Verizon Completes Acquisition of Terremark Verizon Communications (VZ) has closed its $1.4 billion acquisition of Terremark Worldwide, clearing the way for Verizon to lead the rapidly evolving global managed IT infrastructure and cloud services market, the company said today. The acquisition was completed via a short-form merger under Delaware law, meaning no Terremark shareholder vote was required. Terremark will operate as a wholly owned subsidiary of Verizon. All outstanding Terremark shares were not tendered already were converted into the right to receive $19 per share in cash without interest, the same consideration paid to stockholders in the tender offer. With the closing of the deal, Terremark’s common stock (TMRK) will cease trading on NASDAQ. (Read Full Article)

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