Terremark started construction of the third datacenter at its Network Access Point (NAP) of the Capital Region campus. Terremark will initially invest approximately $45 million to build out the facility, which datacenter will house its Enterprise Cloud, colocation, managed hosting, disaster recovery/COOP and secure information services.
“The success of our NAP of the Capital Region campus has surpassed our initial expectations, and we believe the expansion of our datacenter footprint there will serve as a key catalyst for the continued growth of our company,” said Manuel D. Medina, Terremark’s Chairman and CEO. “Our position as the leading cloud computing provider for Federal government agencies, along with the heightened drive for greater efficiency for IT systems within the U.S. government and the increase in IT spending trends among enterprises, has helped fuel our success in Virginia. These key market drivers combined with our proven ability to reliably provide public and private-sector customers with world-class IT infrastructure solutions from an ultra-secure datacenter campus continue to drive positive results for Terremark, and we expect this new facility to help us build on that success.”
