Internap

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Internap
Type Internap Public (NASDAQINAP
Industry Internet Services
Founded 1996
Headquarters Atlanta, Georgia
Key people

Eric Cooney, President, CEO[1]

Daniel C. Stanzione, Chairman of the Board[2]
Products

Managed Hosting content delivery network data center cloud computing

IP networking services
Revenue $244,164,000 (2010)
Net income ($3,622) (2010)
Employees 370 (approximate)
Website internap.com

Founded in May 1996 in Seattle, Internap Network Services Corporation (NASDAQ: INAP) is a publicly traded company headquartered in Atlanta, Georgia that enables route-optimized delivery of content over the Internet. Internap’s business units include Internet Protocol (IP), data center, and Content Delivery Network (CDN) services.[3] The company delivers its Performance IP, Accelerated IP, CDN, colocation, managed hosting and cloud services through Private Network Access Points (P-NAP®) in North America, Europe, Asia-Pacific and Australia.[4]

In May 2000, Internap acquired CO Space[5] and officially entered the colocation market. The company offers colocation services in Dallas, New York, Boston, Atlanta, Houston, Seattle, and Santa Clara.[6] In 2008, the company reported that revenue from data center services was slightly less than half of the company’s total revenue.[7] Internap Network Services acquired VitalStream Holdings, Inc., in February 2007. Internap provides customers with both managed hosting and CDN services. In January 2010, Internap launched its TCP acceleration service with the announcement of Internap XIP™.[8] Most recently Internap joined the cloud space with the world's first commercially available OpenStack™ Cloud Compute service.[9]

Internap has approximately 2700 customers in the U.S. and abroad and approximately 400 employees.[10] Its customers are companies that use the Internet for direct sales, supply chain management, relationship building and collaboration. Internap has a foundation in the retail, gaming, technology, financial and business services industries.

Internap hired a new President/CEO, Eric Cooney, in March 2009; Cooney also serves as a member on the company’s Board of Directors. He was most recently president and CEO of TANDBERG Television.[11] The company named Daniel C. Stanzione, non-executive Chairman of the Board in June 2009; he has served as a director since 2004.[12]

[edit] References

  1. ^ "Eric Cooney, President, CEO". internap.com. http://www.internap.com/about-us-internap/internap-leadership/. 
  2. ^ "Daniel C. Stanzione, Chairman of the Board". internap.com. http://www.internap.com/about-us-internap/internap-leadership/. 
  3. ^ "Internap Network Services, Annual Report, 2008". shareholder.com. http://www.shareholder.com/visitors/dynamicdoc/document.cfm?documentid=2615&companyid=INTERNAP&page=1&pin=534468408&language=EN&resizethree=yes&scale=100. 
  4. ^ "Reuters Internap Company Profile". Reuters. http://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=INAP.O. 
  5. ^ Number subject to change as Internap expands services. Refer to recent SEC filings and annual reports on the company’s website "Internap.com website". http://www.internap.com. 
  6. ^ "Internap "Boston Colocation" data sheet". internap.com. http://www.internap.com/contactus/seo/page948.html. 
  7. ^ "Internap 2008 Annual Report". files.shareholder.com. http://files.shareholder.com/downloads/INTERNAP/678721040x0x291421/c052d8bf-15a1-4d50-8fc8-092bfa24af7e/Internap2008AnnualReport.pdf. 
  8. ^ "internap expands it infrastructure services offering with enterprise cloud storage". http://www.prnewswire.com/news-releases/internap-expands-it-infrastructure-services-offering-with-enterprise-cloud-storage-114117374.html. 
  9. ^ "Internap launches OpenStack™ Cloud Compute service". http://www.internap.com/press-release/internap-announces-world%e2%80%99s-first-commercially-available-openstack-cloud-compute-service/. 
  10. ^ "Internap Network Services, Annual Report, 2008". shareholder.com. http://www.shareholder.com/visitors/dynamicdoc/document.cfm?documentid=2615&companyid=INTERNAP&page=1&pin=534468408&language=EN&resizethree=yes&scale=100. 
  11. ^ "Internap Names Eric Cooney as President, CEO and Director" (Press release). internap.com. http://internap.com/press/pr/internap_names_new_ceo.html. 
  12. ^ "Internap Leadership Bio". internap.com. http://www.internap.com/company-info/board-of-directors/daniel-stanzione.html. 
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