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... 

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... 

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 ITInformation Technology services subsidiary to enhance its hybrid cloud and cloud-to-cloud capabilities. CloudSwitch’s software eliminates barriers to enterprise... 

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.... 

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...