Terremark, a Verizon (NYSE: VZ) subsidiary, has completed the expansion of its São Paulo, Brazil data center, a move that reflects its growing presence in the Latin American business services market.
With the expansion of the Network Access Point (NAP) to Brasil, Terremark acquired the entire 185,000-square-foot data center facility, adding 15,000 square feet of raised floor space to its current operations. By making this move, Terremark can house about 100,000 servers to serve new and existing data center clients.
Serving as a hub to the area's diverse set of service providers, the Brazil data center facility is important to Terremark and Verizon for a number of reasons.
For one, the expanded data center enables the service provider to serve more multinational corporations that are establishing a presence in Brazil with all of Terremark's expanded IT service suite, including cloud, security and IT capabilities of Terremark and Verizon.
Being able to provide cloud and data center services in a key market like Brazil is also a competitive move.
Verizon and Terremark now have another way to become a larger differentiated offerings against a growing crop of service providers such as Equinix (Nasdaq: EQIX), Global Crossing (Nasdaq: GLBC)--which will soon be part of Level 3 (Nasdaq: LVLT)--and France Telecom's (NYSE: FTE) Orange Business Services that are also expanding their network and service presence throughout Brazil and Latin America.
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