Comments on: Why Verizon Bought Terremark for $1.4B http://gigaom.com/2011/01/27/why-verizon-bought-terremark-for-1-4b/ Fri, 24 May 2013 05:01:19 +0000 hourly 1 http://wordpress.com/ By: Why Buying Savvis Makes Perfect Sense for CenturyLink: Cloud Computing News « http://gigaom.com/2011/01/27/why-verizon-bought-terremark-for-1-4b/#comment-619822 Wed, 27 Apr 2011 13:36:53 +0000 http://gigaom.com/?p=291367#comment-619822 [...] center provider with operations around the United States. The $3.2 billion acquisition mirrors the $1.4 billion buy of Terremark that Verizon completed earlier this month as telecommunications providers buy their way into providing cloud [...]

]]> By: Bye Bye Qwest and Hello Cloud!: Broadband News and Analysis « http://gigaom.com/2011/01/27/why-verizon-bought-terremark-for-1-4b/#comment-613632 Fri, 01 Apr 2011 21:13:14 +0000 http://gigaom.com/?p=291367#comment-613632 [...] as large a player as Verizon with it’s Compute as a Service products. And in January, Verizon said it would purchase Terremark, a provider of private clouds and data centers in a deal valued at $1.4 billion, saying that cloud [...]

]]> By: peHUB » Is Savvis Finally Up for Sale? Tech Co. Said to Have Hired Qatalyst http://gigaom.com/2011/01/27/why-verizon-bought-terremark-for-1-4b/#comment-604389 Fri, 04 Mar 2011 21:25:57 +0000 http://gigaom.com/?p=291367#comment-604389 [...] Rumors of the company’s sale began in January after Verizon Communications announced its $1.4 billion takeover of Terremark Worldwide. Time Warner, five days later, then followed up with a $230 million deal for [...]

]]> By: Verizon Brings the Smart Grid to the Cloud: Cleantech News and Analysis « http://gigaom.com/2011/01/27/why-verizon-bought-terremark-for-1-4b/#comment-585030 Wed, 02 Feb 2011 16:46:00 +0000 http://gigaom.com/?p=291367#comment-585030 [...] a nationwide network and it only makes sense for utility customers to leverage that infrastructure. Verizon also just bought Terremark, a provider of managed and cloud services, for $1.4 [...]

]]> By: The Case for Rackspace as a Cloud Crown Jewel: Cloud Computing News « http://gigaom.com/2011/01/27/why-verizon-bought-terremark-for-1-4b/#comment-583505 Sun, 30 Jan 2011 17:00:50 +0000 http://gigaom.com/?p=291367#comment-583505 [...] announcing plans to buy Terremark for $1.4 billion is a big deal in the cloud computing world, but I don’t think Terremark will be the biggest [...]

]]> By: After Verizon Buys Terremark, Savvis Relishes Being the Cool Kid: Cloud Computing News « http://gigaom.com/2011/01/27/why-verizon-bought-terremark-for-1-4b/#comment-582578 Sat, 29 Jan 2011 00:31:15 +0000 http://gigaom.com/?p=291367#comment-582578 [...] Ousley, CEO and Chairman of Savvis is having a great day. Yesterday Verizon Communications agreed to buy rival data center and managed hosting company Terremark for $1.4 billion, and today he has joined a small group of companies that are suddenly sought after [...]

]]> By: Parkite http://gigaom.com/2011/01/27/why-verizon-bought-terremark-for-1-4b/#comment-582459 Fri, 28 Jan 2011 20:41:57 +0000 http://gigaom.com/?p=291367#comment-582459 Lets see how long the terremark team lasts at VZ. No more than 18 months, imo.

]]> By: Jim Lippard http://gigaom.com/2011/01/27/why-verizon-bought-terremark-for-1-4b/#comment-582313 Fri, 28 Jan 2011 16:10:38 +0000 http://gigaom.com/?p=291367#comment-582313 “However, Terremark’s shares,which closed today at $14.05, are still about half the price of Savvis’.”

That’s not a meaningful comparison–compare market capitalization (share price times number of shares). Terremark is about $1.3B; Savvis about $1.7B.

A good recent review:

http://seekingalpha.com/article/245516-terremark-growing-to-nowhere

]]> By: Alex http://gigaom.com/2011/01/27/why-verizon-bought-terremark-for-1-4b/#comment-582232 Fri, 28 Jan 2011 10:46:20 +0000 http://gigaom.com/?p=291367#comment-582232 don’t forget that with this acquisition VZ is also buying into Latin America where there is tremendous growth for telecom services and infrastructure

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