ATLANTA and SAN FRANCISCO, July 6,
2017 /PRNewswire/ -- Internap Corporation (NASDAQ:
INAP), a provider of high-performance Internet infrastructure
including Colocation, Cloud, and Network Services; and Digital
Realty Trust, Inc. (NYSE: DLR), a leading global provider of data
center, colocation and interconnection solutions, announced today
that they have entered into an amended agreement for data center
space leased to INAP in Chandler, Arizona. The
state-of-the-art Digital Realty data center is located at 2121 S.
Price Road in the Chandler Price Road technology corridor.
The new expansion is driven by a significant anchor tenant in the
enterprise software industry.
In addition to the Greater
Phoenix location, which is the largest data center in
Arizona, INAP also partnered with
Digital Realty to realign its existing leases in El Segundo and Oakland, California. The amendments provide
renewed lease extensions, with potential for additional space to
support INAP's growth in these markets.
"These new agreements with Digital Realty are one of the key
initiatives previously described as Phase II of our targeted
operations improvements," stated Robert M.
Dennerlein, Chief Financial Officer of INAP. "We not only
expanded our facility on a success basis in a great footprint in
Phoenix, but we also developed a
path to future growth that our new sales team can now capture.
We are excited about our growing momentum to meet customer
requirements for Tier 3-type facilities in our portfolio."
INAP's expansion into its own space in the Phoenix Digital
Realty facility gives it the high density flexibility to grow
beyond the initial need for approximately 25,000 square feet and 4
MW of power and to deliver up to 20 KW per cabinet in the new
expansion space.
Andrew P. Power, Chief Financial
Officer, Digital Realty, commented, "Digital Realty prides itself
on supporting its customers from simple colocation solutions to the
latest high-density complex deployments. Extending these contract
durations, and serving multiple markets, demonstrates this
capability, particularly as INAP takes greater control of its
footprint. We welcome the increased commitment on INAP's part and
look forward to our expanded partnership."
INAP is now adding Phoenix to
its list of metro markets served offering colocation, AgileCLOUD,
and connectivity around the world. Phoenix is a new strategic market for INAP
given high demand for Internet infrastructure in the region.
The other attractive attributes include: favorable pricing on power
and a proven destination for best in class Tier 3-type facilities,
particularly for disaster recovery requirements.
Richard Diegnan, INAP's General
Counsel and Head of Global Real Estate, stated, "These three data
centers and the markets they serve are important components of
INAP's data center portfolio. We are excited that we could solidify
long-term commitments with Digital Realty, deepening our
partnership to benefit our customers and fuel our revenue
growth."
About INAP
Internap Corporation (NASDAQ: INAP) is a leading provider of
Internet infrastructure through both Colocation Business and
Enterprise Services (including colocation, network connectivity,
IP, bandwidth, and managed hosting), and Cloud Services (including
enterprise-grade AgileCLOUD, bare-metal servers, and SMB iWeb
platforms). INAP's global high-capacity network connects its Tier
3-type data centers in 20 major markets throughout North America, Europe, and Asia. INAP continues to transform since its
inception in 1996, meeting customer demand for custom solutions and
high-touch state-of-the-art colocation and cloud retail products
and services. INAP operates a premium business model that provides
high-power density colocation, low-latency bandwidth, and public
and private cloud platforms in an expanding Internet infrastructure
industry. For more information, visit www.inap.com.
About Digital Realty
Digital Realty supports the data center, colocation and
interconnection strategies of more than 2,300 firms across its
secure, network-rich portfolio of data centers located throughout
North America, Europe, Asia
and Australia. Digital Realty's clients include domestic and
international companies of all sizes, ranging from financial
services, cloud and information technology services, to
manufacturing, energy, gaming, life sciences and consumer
products.
Investor Contacts
INAP
Richard Ramlall
404-302-9982
ir@internap.com
Carolyn Capaccio/Jody Burfening
LHA
212-838-3777
internap@lhai.com
Digital Realty
Andrew P. Power
Chief Financial Officer
(415) 738-6500
John J. Stewart / Maria S. Lukens
Investor Relations
Digital Realty
(415) 738-6500
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SOURCE Internap Corporation