May 03, 2023 HorizonIQ
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 Delaware...
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May 02, 2023 Montreal
Wiz has announced the launch of its new cloud data center in Montreal, Canada. The facility is to provide local and multinational organizations with faster, and more secure cloud security infrastructure and is also pegged to provide greater data sovereignty, while maintaining privacy...
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September 29, 2022 Montreal
Enovum Data Centers has announced that the first phase of its Montreal facility has been launched. It will soon begin its second phase. With 70,000 sqft of infrastructure and move-in space availability for a total of 187,500 sqft, the facility's first phase also has a capacity of 1.5 MW. Once...
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May 10, 2022 HorizonIQ
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. This...
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June 03, 2020 HorizonIQ
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 gets...
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May 11, 2020 HorizonIQ
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 emerged...
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March 16, 2020 HorizonIQ
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 subsidiaries...
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January 29, 2018 HorizonIQ
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...
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