Q&A

What is Verizon Terremark?

What is Verizon Terremark?

Terremark, which will continue to be based in Miami, will help fuel overall Verizon growth by accelerating the company’s strategy to provide “everything-as-a-service” to business and government customers globally.

When did Verizon acquire Terremark?

April 12, 2011
On January 27, 2011, Verizon Communications announced it would buy Terremark Worldwide for $19 a share, in a deal valued at $1.4 billion. Medina received about $83 million from the Verizon acquisition. Verizon completed its acquisition of Terremark on April 12, 2011.

What is Terremark North America Inc?

Terremark, a subsidiary of Verizon, sets the standard for IT deployments with advanced infrastructure and managed service offerings that deliver the scale, security, and reliability necessary to meet the demanding requirements of enterprises and governments around the world.

Who bought terramark?

Verizon Communications
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.

Who hosts Verizon cloud?

IBM
Only a few days after announcing that it was selling 29 of its data centers to Equinix, Verizon today announced that it is selling its cloud and managed hosting business to IBM.

How many data centers does Equinix have?

Equinix has 200+ data center locations and the solutions to help your cloud services meet the most exacting performance requirements in the most efficient way.

What happened to Terremark?

The Miami NAP of the Americas, purchased by Verizon in 2011 when it was part of Terremark Worldwide, is now part of Equinix. Hand-out Equinix Inc. -based Equinix is acquiring, 11 were part of Terremark Worldwide, the company founded by Manny Medina that was sold to Verizon in a $2 billion transaction in 2011.

Who owns America’s nap?

Equinix Inc.
Network Access Point (NAP) of the Americas (also called MI1) is a massive, six-story, 750,000 square foot data center and Internet exchange point in Miami, Florida, operated by Equinix….

NAP of the Americas
Opened 2001
Owner Equinix Inc.
Technical details
Floor count 6

What is the Verizon cloud platform?

Verizon Cloud is a managed computing platform that gives you the power to provision computing resources for mission critical applications in minutes. Verizon Cloud lets customers control processing, storage and memory resources, and allows you to deploy server capacity on demand.

What is the Verizon cloud account?

Available to Verizon Wireless and Verizon Fios subscribers, Verizon Cloud lets you store photos, videos, documents and other data using an app that’s available across Android or iOS phones and tablets, and Windows and Mac computers.

Is Equinix a good company to work for?

Overall Equinix is an ok place to work. The pay is not commiserate with the level of work that is expected for salary based employees. Equinix will readily promote from within because it ends up saving them thousands of dollars.

Who is the parent company of Terremark Worldwide?

Terremark Worldwide, Inc., was a subsidiary of Verizon Communications, a provider of information technology services. Headquartered in Miami, Florida, the company had data centers in the United States, Europe and Latin America; it offered services which include managed hosting, colocation, disaster recovery, data storage, and cloud computing .

Where are the Terremark data centers located in the world?

Terremark Worldwide, Inc., is of IBM, a provider of information technology services. Headquartered in Miami, Florida, the company had data centers in the United States, Europe and Latin America; it offered services which include managed hosting, colocation, disaster recovery, data storage, and cloud computing .

What did Terremark do during the dot com era?

During the dot-com era, an increasing number of his buildings were leased to computer data centers; over the years the company morphed into an information technology services company itself starting with the NAP of the Americas, a large data center and Internet exchange point that hosts one of the instances of the K-root of the Domain Name System.

How much did Verizon pay for Terremark Worldwide?

On January 27, 2011, Verizon Communications announced it would buy Terremark Worldwide for $19 a share, in a deal valued at $1.4 billion. Medina received about $83 million from the Verizon acquisition.