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...
Verizon may have bought an option on land near Laramie, Wyoming, but the company is considering at least three other sites for a huge data center project in the western United States.
Verizon has secured property near Laramie, Wyoming and is considering the site for a massive data center project, the company told local media. Meanwhile, Wyoming Gov. Matt Mead is asking lawmakers to approve incentives to attract data center pro...