Data Center News

Read Phoenix to clamp down on data centers
Phoenix to clamp down on data centers

Phoenix to clamp down on data centers

January 02, 2025 Phoenix

The city of Phoenix in Arizona is set to clamp down on data centers. The City Council has approved a series of changes to better regulate data center growth in the city, including regulating locations and external design specifications.The vote, which took place on December 10, targeted...

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Read Phoenix Data center with 6 MW up for sale
Phoenix Data center with 6 MW up for sale

Phoenix Data center with 6 MW up for sale

June 27, 2023 Phoenix

A 6MW data facility is up for lease or purchase in Phoenix, Arizona. Located in the desirable Deer Valley neighborhood, CBRE has listed 20435 North 26th Avenue for sale or lease. There was no listed pricing. The 6MW facility was completed in 2003 and sits on 3.66 acres of land, with a raised...

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Read Second Bankruptcy Filing by INAP Since 2020
Second Bankruptcy Filing by INAP Since 2020

Second Bankruptcy Filing by INAP Since 2020

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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Read INAP Sells Its Network Business To Unitas Global
INAP Sells Its Network Business To Unitas Global

INAP Sells Its Network Business To Unitas Global

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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Read $800M Data Center Coming To Mesa, Arizona Amidst Water Concerns
Baxtel

$800M Data Center Coming To Mesa, Arizona Amidst Water Concerns

May 26, 2021 Phoenix

The Mesa City Council just approved the development for a Company that plans to build a data center on Elliot and Ellsworth roads in the northwest corner of Eastmark. Although the Company remains in mystery, the Mayor of Mesa City said the mystery Company would be investing $800 million to bring...

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Read Netrality Acquired INAP's Houston Data Center
Netrality Acquired INAP's Houston Data Center

Netrality Acquired INAP's Houston Data Center

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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Read Internap Emerges from Bankruptcy
Internap Emerges  from Bankruptcy

Internap Emerges from Bankruptcy

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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Read Internap files for Bankruptcy
Internap files for Bankruptcy

Internap files for Bankruptcy

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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Read INAP to Acquire SingleHop
INAP to Acquire SingleHop

INAP to Acquire SingleHop

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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