IT infrastructure solutions provider
Internap this morning
announced its acquisition of privately-held
Voxel, an enterprise hosting and cloud services company based in NYC, for
$30 million in cash. Under the terms of the deal, an additional $5 million in cash could be put on the table over the next two years, subject to certain performance-based criteria. Founded in 1999 in founder Raj Dutt's dorm room, the company provides on-demand dedicated hosting and cloud services to enterprises and Web-centric businesses.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/vhndPARagRI/
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