Data Center News

Second Bankruptcy Filing by INAP Since 2020

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...

May 03, 2023

HorizonIQ

Multifeed launches JPNAP service at Osaka 7 Data Center

Internet Multifeed has announced that it has added the Osaka Data Center 7 in Ibaraki City, Osaka Prefecture, to its JPNAP service. The data center is operated by NTT Communications Corporation and will go online for operations in May 2023.According to the company, the data center is one of th...

April 24, 2023

Osaka

ESR Already Developing its 19.2MW OS1data center in Osaka, Japan

Asia’s ESR Group has started work on its 19.2MW facility in Osaka, Japan. The real estate company revealed that the Cosmosquare OS1 data center would be phase 1 of its three-phase facility at Nanko Kita. The company plans to develop a total of 96MW on the site. OS1 is scheduled to be comple...

November 08, 2022

Osaka

INAP Sells Its Network Business To Unitas Global

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...

May 10, 2022

HorizonIQ

Netrality Acquired INAP's Houston Data Center

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...

June 03, 2020

HorizonIQ

Internap Emerges from Bankruptcy

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...

May 11, 2020

HorizonIQ

Internap files for Bankruptcy

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...

March 16, 2020

HorizonIQ

INAP to Acquire SingleHop

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 ...

January 29, 2018

HorizonIQ

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