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Latest Terremark Worldwide Inc. Stories

2014-03-20 12:37:43

LONDON, March 20, 2014 /PRNewswire/ -- Reportbuyer.com just published a new market research report: Global Disaster Recovery-as-a-Service Market 2014-2018 TechNavio's analysts forecast the Global Disaster Recovery-as-a-Service market to grow at a CAGR of 54.64 percent over the period 2014-2018. One of the key factors contributing to this market growth is the increasing need for flexibility of cloud-based disaster recovery services. The Global Disaster Recovery-as-a-Service market...

2011-04-11 07:27:00

NEW YORK, April 11, 2011 /PRNewswire/ -- Verizon Communications Inc. (NYSE, NASDAQ: VZ) today closed its previously announced acquisition of Terremark Worldwide, Inc., clearing the way for Verizon to lead the rapidly evolving global managed IT infrastructure and cloud services market. The acquisition was completed via a short-form merger under Delaware law; therefore, no Terremark shareholder vote was required. Terremark will operate as a wholly owned subsidiary of Verizon. As a...

2011-04-08 09:19:00

NEW YORK, April 8, 2011 /PRNewswire/ -- Verizon Communications Inc. (NYSE, NASDAQ: VZ) today announced that the subsequent offering period of its tender offer for all outstanding shares of Terremark Worldwide, Inc. (NASDAQ: TMRK) common stock has expired. The subsequent offering period - made by Verizon's wholly owned subsidiary, Verizon Holdings Inc. - expired at 5 p.m. Eastern time on Thursday, April 7. After acquiring all shares validly tendered during the subsequent offering period,...

2011-03-29 17:07:00

NEW YORK, March 29, 2011 /PRNewswire/ -- Verizon Communications Inc. (NYSE, NASDAQ: VZ) today announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the "HSR Act"), for Verizon's pending acquisition of Terremark Worldwide, Inc. (Nasdaq: TMRK), has been terminated by the U.S. Department of Justice. As a result, no regulatory conditions remain outstanding with respect to the pending acquisition. The tender offer to acquire all of the...

2011-03-15 10:09:00

NEW YORK, March 15, 2011 /PRNewswire/ -- Verizon Communications Inc. (NYSE, Nasdaq: VZ) today announced that it has extended its tender offer for all outstanding shares of Terremark Worldwide, Inc. (Nasdaq: TMRK). The tender offer is now scheduled to expire at midnight Eastern time on Thursday, March 31, 2011, unless extended in accordance with the terms of the definitive agreement and the applicable rules and regulations of the Securities and Exchange Commission. The tender offer, for...

2011-02-28 16:32:00

NEW YORK, Feb. 28, 2011 /PRNewswire/ -- Verizon Communications Inc. (NYSE, NASDAQ: VZ) today announced that, in connection with the settlement of purported class action lawsuits that related to its agreement to acquire Terremark Worldwide, Inc. (NASDAQ: TMRK), it has extended its tender offer for all outstanding shares of Terremark for $19.00 per share in cash without interest and less any required withholding taxes. The tender offer is being made by Verizon Holdings Inc., a wholly owned...

2011-02-10 07:30:00

NEW YORK, Feb. 10, 2011 /PRNewswire/ -- Verizon Communications Inc. (NYSE, Nasdaq: VZ) today announced the commencement of the tender offer for all outstanding shares of Terremark Worldwide, Inc. (Nasdaq: TMRK) for $19.00 per share in cash without interest and less any required withholding taxes. The tender offer is being made by Verizon Holdings Inc., a wholly owned subsidiary of Verizon, pursuant to a previously announced Agreement and Plan of Merger, dated as of Jan. 27, 2011, by and...

2011-01-27 15:52:00

NEW YORK and MIAMI, Jan. 27, 2011 /PRNewswire/ -- In a move that will decisively reshape the rapidly evolving global business technology solutions market, Verizon Communications Inc. (NYSE, Nasdaq: VZ) and Terremark Worldwide Inc. (Nasdaq: TMRK) today announced a definitive agreement under which Verizon will acquire Terremark, a global provider of managed IT infrastructure and cloud services, for $19.00 per share in cash, or a total equity value of $1.4 billion. Pursuant to the...

2010-08-30 13:31:00

SAN FRANCISCO, Aug. 30 /PRNewswire/ -- Interop®, produced by UBM TechWeb, today announced a keynote lineup of IT industry leaders from Red Hat, Emulex, Cisco, Dell, Xirrus, Rackspace and Terremark. The 2010 Interop New York keynote speakers will provide focused and insightful presentations from the main stage, demonstrating Interop's role as the leading business technology event. The event will take place at the Javits Convention Center, October 18-22. For more...

2010-06-21 07:00:00

SAN FRANCISCO and LONDON, June 21 /PRNewswire-FirstCall/ -- Digital Realty Trust, Inc. (NYSE: DLR), the world's largest wholesale datacenter provider, has signed a new 15-year lease agreement with an affiliate of Terremark Worldwide, Inc. (Nasdaq: TMRK) to house Terremark's Network Access Point (NAP) of Amsterdam in a new build-to-suit project to be developed by Digital Realty Trust. Digital Realty Trust also announced that it has entered into a definitive purchase and sale agreement to...


Word of the Day
baudekin
  • A rich embroidered or brocaded silk fabric woven originally with a warp of gold thread.
'Baudekin' seems to be an alternative form of 'baldachin,' from the Italian 'Baldacco,' Baghdad, the city where the material was made.
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