The Schwartz
Cloud Report

Blog archive

Verizon To Emphasize Terremark Cloud Services

Two months after closing its $1.4 billion acquisition of Terremark, Verizon Communications is talking up its plan to offer cloud services through the combined entity.

Perhaps most noteworthy is that Verizon has moved 40 of its datacenters over to the Terremark business unit. The new entity, called Terremark, a Verizon Company, now has roughly 50 datacenters throughout North America, Latin America, Europe and the Asia-Pacific region.

The professional services groups that were working on helping customers secure their enterprises and migrate applications to the cloud were all moved over to Terremark. The security and risk compliance, managed and professional services are now part of the Terremark portfolio.

"We really feel we are in a great position," said Terremark President Kerry Bailey in an interview. "The market is moving in our direction to really help enterprises begin to migrate the right applications to this new IT delivery model."

Terremark had 1,100 employees; now it has several thousand, Bailey said, pointing to Terremark's strong and successful brand. "Terremark had a brand that was accepted in this cloud market, and in this new emerging area, our view was we've got an IT-centric brand, and we have Verizon, which is known for its world-class wireless and wire-line assets," he said. "That's how we will operate and we think it will be very complementary."

Posted by Jeffrey Schwartz on June 23, 2011 at 11:58 AM


Featured

  • The 2021 Microsoft Product Roadmap

    From Windows 10X to the next generation of Microsoft's application server products, here are the product milestones coming down the pipeline in 2021.

  • The Future of Windows Server Includes Less Frequent Updates

    Microsoft is ending its practice of issuing semiannual channel updates for most Window Server editions, turning instead to long-term servicing channel updates.

  • Notebook

    Microsoft Bolsters Dynamics 365 with Suplari Acquisition

    An acquisition announced by Microsoft on Wednesday promises to bring AI solutions for assessing supply-chain spending to the Dynamics 365 product.

  • Microsoft Announces Positive Q4 Revenue Results of $46.2B

    Microsoft on Tuesday reported $46.2 billion in total revenue during its fiscal-year 2021 Q4 period, up 21% from the same quarter last year.