Terremark Worldwide

Headquartered in Miami, Florida, Terremark Worldwide is an information technology services provider that was acquired by Verizon Communications in 2011. The company, which is a wholly-owned subsidiary of Verizon, offers managed hosting, colocation, disaster recovery, data storage, and cloud computing services. It maintains data centers in the United States, Europe, and Latin America.

Terremark started as a real estate company in 1980. During the dot-com era, an increasing number of the company’s buildings were leased to computer data centers. Over time, Terremark evolved into an information technology services company. One of its first tech holdings was Network Access Point (NAP) of the Americas, a massive, six-story, 750,000 square foot data center and Internet exchange point that hosts one of the instances of the K-root of the Domain Name System. That data center is home to 160 network carriers, and is a pathway for data traffic from the Caribbean and South and Central America to more than 148 countries. More recently, Terremark opened NAP of the Capital Region, a $250 million data center project in Culpeper, Virginia. It describes that facility as an ultra-secure data fortress.

In all, Terremark Worldwide served approximately 1,100 customers across various sectors, including enterprise-size businesses, government agencies, systems integrators, network service providers, Internet content and portal companies, and Internet infrastructure companies.

Miguel Rosenfeld, Chairman and CEO of Arcadia International Corporation, served on Terremark’s board of directors from 1999 until 2010. During that time, he was Chairman of Terremark’s Compensation Committee and a member of its Audit Committee.