Internap Network Services, a provider of intelligent IT
Infrastructure services, announced the acquisition of Voxel Holdings, a
provider of hosting and cloud services for the enterprise, for $30 million,
plus an additional potential $5 million in cash tied to the delivery of
specific objectives during the next two years.
Headquartered in New York City, with a global presence
extending into North America, Europe and Asia, Voxel serves more than 1,000
customers and has approximately 50 employees.
The combination enhances Internap’s IT Infrastructure
platform with the addition of Voxel’s dedicated hosting and cloud products.
Voxel’s offerings are complementary to Internap’s existing portfolio and
provide a level of automation and self-service that will be available
immediately to Internap’s customer base.
Voxel also extends Internap’s addressable market,
enabling the company to serve early- to mid-stage IT Infrastructure customers
seeking dedicated hosting services, a high-growth market currently estimated by
Tier1 Research to reach approximately $3 billion in 2012.
“As IT Infrastructure outsourcing advances,
enterprises increasingly seek service providers to support myriad applications
and workloads throughout their entire IT lifecycle. This acquisition of Voxel
increases Internap’s market share and growth rate, accelerates our product
roadmap and creates an unmatched competitive position as an IT Infrastructure
services provider,” said
Eric Cooney, president and chief executive officer of Internap.
By adding Voxel’s service locations in Amsterdam and
Singapore to Internap’s existing service locations, the combined company will
offer a truly global platform of colocation, managed hosting, dedicated hosting
and cloud services. Additionally, Voxel’s automation technologies and
expertise will be leveraged to enhance the existing Internap product set.
“We are excited to be joining Internap, a company
that shares our commitment to developing innovative IT Infrastructure solutions
to drive the next generation of Internet and cloud applications. The
combination of Internap’s broad market presence and robust, high-performance IT
Infrastructure platform with our expertise in automated hosting and cloud
services will deliver a powerful option for a broad range of enterprise
customers,” said Raul K. Martynek, president and chief executive officer
By Telecomlead.com Team