Internap Corporation (
Nasdaq ticker symbol
A ticker symbol or stock symbol is an abbreviation used to uniquely identify publicly traded shares of a particular stock on a particular stock market. In short, ticker symbols are arrangements of symbols or characters (generally Latin letters ...
: INAP) is a company that sells
data center and
cloud computing
Cloud computing is the on-demand availability of computer system resources, especially data storage ( cloud storage) and computing power, without direct active management by the user. Large clouds often have functions distributed over mu ...
services.
The company is headquartered in
Reston, Virginia, United States, and has data centers located in North America,
EMEA
EMEA is a shorthand designation meaning Europe, the Middle East and Africa. The acronym is used by institutions and governments, as well as in marketing and business when referring to this region: it is a shorthand way of referencing the two ...
and the
Asia-Pacific region. INAP sells its Performance IP,
hosting,
cloud
In meteorology, a cloud is an aerosol consisting of a visible mass of miniature liquid droplets, frozen crystals, or other particles suspended in the atmosphere of a planetary body or similar space. Water or various other chemicals may ...
, colocation and hybrid infrastructure services through Private Network Access Points (P-NAP) in North America, Europe, Asia-Pacific and Australia.
History
Founded in
Seattle
Seattle ( ) is a seaport city on the West Coast of the United States. It is the seat of King County, Washington. With a 2020 population of 737,015, it is the largest city in both the state of Washington and the Pacific Northwest regio ...
, Washington in 1996, the company's initial public offering (IPO) took place in 1999. In 2000, INAP's patented Managed Internet Route Optimizer (MIRO) technology was added to the Smithsonian's permanent technology exhibit.
Peter Aquino was named president and CEO of INAP in September 2016. Previously, he was chairman and CEO, and later executive chairman, of Primus Telecommunications Group, Inc.
In 2011, INAP launched the world's first commercially available
OpenStack
OpenStack is a free, open standard cloud computing platform. It is mostly deployed as infrastructure-as-a-service (IaaS) in both public and private clouds where virtual servers and other resources are made available to users. The software pl ...
Cloud Compute service. In June 2011, the INAP Santa Clara data center became the first commercial data center in the U.S. to achieve the Green Building Initiative's Green Globe certification.
Mike Ruffolo was president and CEO from May 2015 until September 2016. He was a member of the company's board of directors. Previously, he was president and CEO of Crossbeam Systems, Inc. The company named Daniel C. Stanzione, non-executive chairman of the board in June 2009; he has been a director since 2004.
On February 28, 2018, Internap acquired
SingleHop for $132 million in cash.
On March 16, 2020, Internap Technology Solutions, Inc. and six affiliated companies filed
Chapter 11 bankruptcy in the
. The company emerged from bankruptcy on May 11, 2020.
On September 28, 2022, INAPs product "ServerIntellect" was the target of a ransomware attack that affected their multitenant website, database, and email hosting services causing data loss for those services. As a result, INAP discontinued multitenant hosting services. To mitigate confusion and clarify that only ServerIntellect customers were affected, INAP removed the original ransomware incident report from their "Operational Transparency" page on On October 5th, 2022. Techradar published an article speculating that INAP's removal of the original incident report was an attempt to conceal the full effects of the ransomware attack.
Acquisitions and growth
In 2000, INAP acquired CO Space, giving the company its first entry into the datacenter services business, which represents the majority of the company's current revenues. In the same year, INAP also acquired VPNX.com, a managed VPN provider. INAP acquired VitalStream Holdings, a content delivery service provider, in February 2007. In early 2012, INAP announced that it had acquired Voxel Holdings, Inc., a provider of scalable hosting and cloud services for enterprise users. In November 2013, INAP announced the acquisition of iWeb, a hosting and cloud provider based in Montreal, Canada.
References
{{reflist
Internet technology companies of the United States
Companies based in Atlanta
American companies established in 1996
Companies formerly listed on the Nasdaq