May 03, 2023 | Posted by Abdul-Rahman Oladimeji | Internap INAP
INAP has once again filed for bankruptcy. This week, the company voluntarily filed for Chapter 11 as part of its debt restructuring statement. The company stated that INAP has freely filed motions under Chapter 11 of the US Bankruptcy Code in the US Bankruptcy Court for the District of Delawa...
Apr 03, 2023 | Posted by MadalineDunn | Amsterdam
InMotion Hosting has announced the opening of its first international data center in Europe. The three-story data center is located in Amsterdam, Netherlands and will reportedly offer customers NVMe Hardware, 99.99% Network Uptime and Security Monitoring, refined UltraStack Server Configuratio...
May 10, 2022 | Posted by Abdul-Rahman Oladimeji | Internap INAP
Unitas Global has bought INAP’s network business. By so doing, INAP will now become Unitas Global’s customer. Per the agreement, Unitas will take over INAP’s routing software called Managed Internet Route Optimizer (MIRO). MIRO will be integrated into Unitas’ global network Unitas Reach. Th...
Apr 08, 2022 | Posted by MadalineDunn | Amsterdam
In Amsterdam, an argument around data center energy usage has been brewing for some time. Back in 2019, in response to the amounts of energy being used up by data centers, the municipalities of Amsterdam and Haarlemmermeer announced a moratorium on new projects. This was eventually lifted, but...
Sep 17, 2021 | Posted by Abdul-Rahman Oladimeji | Amsterdam
Great Grey Investment has acquired the uncompleted Westpoort Data Center in Amsterdam, the Netherlands. The data center was bought from Caransa Group. Although the terms of the deal were not revealed, Tikehu Capital provided financing to Great Grey Investments and Westpoort Datacenter through ...
Jun 03, 2020 | Posted by Eric Bell | Internap INAP
Netrality has announced that the company has acquired the Internap Holding (“INAP”) data center in Houston. The facility is located in 1301 Fannin, Houston's carrier hotel. The deal seems to work for both sides. Netrality gets more colocation space to sell in their marquee building and INAP ge...
May 11, 2020 | Posted by Eric Bell | Internap INAP
Internap (INAP) has completed a financial restructuring and emerged from bankruptcy. On March 16, Internap filed for Chapter 11 bankruptcy to strengthen its capital structure. INAP negotiated a “prepackaged” bankruptcy with its lenders: Completed the reorganization in just seven weeks It emerg...
Mar 16, 2020 | Posted by Eric Bell | Internap INAP
Internap Corporation (INAP) has filed for bankruptcy along with all its US subsidiaries. The company’s reorganization plan anticipates INAP will emerge as a private company with an improved financial position. Read More: Internap Press Release INAP files for bankruptcy, along with US subs...
Jan 29, 2018 | Posted by Eric Bell | Internap INAP
Timing of this announcement coincides with top line turnaround progress for INAP standalone: 4Q 2017 revenue outlook up to $70M Strategic combination increases product differentiation through advanced automation Expansion facilitates business and enterprise sales across INAP’s major markets ...