CMS Extends Terremark ID Mgmt Hosting Services on HealthCare.gov for $15M

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Verizon‘s (NYSE: VZ) Terremark subsidiary has received a $15 million contract extension from the Centers for Medicare and Medicaid Services to provide cloud-based identity management services for the HealthCare.gov website, FCW reported Tuesday. Adam Mazmanian writes that this modification extends the company’s work on managing user access to HealthCare.gov and expands a previous $31...

HP Enterprise Services to Take Over As HealthCare.gov Web Host

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Hewlett-Packard (NYSE: HPQ) has won a contract to take over as web hosting provider for HealthCare.gov in a move that will transition the federal health insurance marketplace to a new data center, The Wall Street Journal reported Wednesday. Spencer E. Ante writes that HP Enterprise Services will take in $38 million for the work under the Department of Health and Human Services award and that efforts...

Smartronix $2.5B GSA Cloud Email Team Includes Terremark, Verizon; Susie Adams Comments

Susie Adams Smartronix‘s team to provide government agencies cloud computing-based email services under a $2.5 billion General Services Administration blanket purchase agreement includes Terremark and Verizon. Smartronix said in a release the team also includes two other companies certified to provide agencies with Microsoft products, as Microsoft technology will be a central offering from the...

Terremark COO Nelson Fonseca to Succeed Kerry Bailey as Company President

Terremark, a Verizon (NYSE: VZ) company, has promoted its chief operating officer Nelson Fonseca to company president. Fonseca will succeed Kerry Bailey, who was recently named chief marketing officer of Verizon’s new organization that consolidated its enterprise operations for government and business customers. As COO, Fonseca was responsible for the company’s operational efficiency. He...

Verizon Acquires Cloud Computing Firm, to Combine with Terremark

Verizon Communications (NYSE: VZ) has acquired enterprise cloud computing firm CloudSwitch for an undisclosed amount. Verizon plans to combine Mass.-based CloudSwitch with its Terremark IT services subsidiary to enhance its hybrid cloud and cloud-to-cloud capabilities. CloudSwitch’s software eliminates barriers to enterprise cloud adoption by securely moving applications and workloads from...

Terremark Settles Verizon Acquisition Suits

Terremark (NASDAQ:TMRK) released the following statement: The firm “has entered into a memorandum of understanding providing for the settlement of all eight putative class action lawsuits that have been brought in Delaware and Florida in connection with the previously announced agreement and plan of merger dated Jan. 27, 2011 among Terremark, Verizon Communications...

Terremark Issues Financial Report on Heels of Verizon Sale

Terremark (NASDAQ:TMRK) issued financial results for the quarter ended Dec. 31, 2010. The firm grew, “with total revenues of $94.3 million and EBITDA, as adjusted, of $28.5 million for the quarter, representing year-over-year increases of 27 percent and 44 percent, respectively.” Verizon previously reached a definitive agreement to purchase Terremark at a price...