When SuperStorm Sandy sent a storm surge into lower Manhattan, the flooding caused a "catastrophic failure" in a cable vault beneath Verizon's central office on Broad Street. The Verge provides a closer look at the damage.
Verizon selected by Princeton Hosted Solutions for cloud solutions, Saint Leo University to hose with Peak 10 in Atlanta, Latisys inks infrastructure deal with PDC Energy, Joyent selected by ReelSurfer.
IBM's Watson to develop patient care applications for health insurer WellPoint, Terremark selected by CareCloud, Online Tech achieves HIPAA compliance, Consonus relocates a large healthcare data center.
In the wake of its $1.4 billion acquisition of Terremark, Verizon confirmed last week that it will not build a large data center near Laramie, Wyoming. The company had previously backed out of another huge data center project in upstate New York.
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.