With the aim to provide some boost to its cloud computing services and to spread its base of small business customers Internap Network Services, recently, acquired Voxel Holdings, a hosting provider.
The deal was closed on 30th December, 2011 for an all-cash transaction valued at $30 million with another $5 million for achieving few specific objectives in a period of next two years.
Internap commented that the automation platform that Voxel offers will be enabling the company to have extra service options for the company's customers. This will, eventually, give the company the capability which various companies look for to "accelerate deployment of IT infrastructure", reported Data Center Knowledge.
The company also added that Voxel will give them better access to "early-to mid-stage" customers who are seeking for dedicated hosting services.
President and chief executive officer of Internap, Eric Cooney, stated, "This acquisition of Voxel increases Internap's market share and growth rate, accelerates our product roadmap and creates an unmatched competitive position as an IT Infrastructure services provider,"
Voxel has comprehensive APIs and a robust online interface for its customers. The Seaport Capital backed Voxel is based in New York and at present it has more than 1,000 customers and around 50 employees. They offer hosting services on the automation platform, named VoxSTRUCTURE.