MIAMI & HOPKINTON, Mass.--(BUSINESS WIRE)--News Summary:
- Terremark and EMC announce a strategic initiative to create and deliver joint, innovative cloud-based products and services that leverage core EMC storage, back up, and replication technologies.
- As part of the strategic initiative, Terremark intends to standardize its private cloud business on EMC infrastructure technologies and offer EMC-based public and hybrid cloud deployments for their customers.
Terremark, a Verizon Company, and EMC Corporation (NYSE:EMC) today announced a strategic initiative under which both companies will work to identify, build and offer tailored, cloud-based solutions built on Terremark’s global service capabilities and EMC’s best-of-breed, cloud-optimized information infrastructure technologies. Through this strategic initiative, EMC will provide the advanced technology infrastructure for Terremark’s Enterprise Cloud Private Edition offering as well as public and hybrid deployments. Helping drive innovation, the companies will expand the range of options for IT organizations seeking to improve business agility, gain greater efficiency, and control costs as they accelerate their journey to cloud computing.
Additionally, Terremark has achieved Platinum-level in the EMC VelocityTM Service Provider Partner Program. The Velocity Service Provider Partner Program provides partner management resources and methodologies as well as sales tools and marketing campaign assets to help service providers more quickly and efficiently deploy differentiated cloud offerings built on EMC technology. The EMC Velocity Service Provider Partner Program works with service providers as they invest in EMC solutions with the singular goal of delivering compelling cloud services to the global IT market.
This collaborative initiative will leverage common channels through Terremark and EMC to bring to market a range of cloud-based options for IT organizations seeking to gain business agility and control through cloud computing.
Bill Scannell, Executive Vice President, Americas and Europe, Middle East and Africa (EMEA) EMC Corporation
“EMC, Verizon and Terremark have been working in the market for nearly a decade. Today, we’re extending our well-established, highly successful alliance and taking our strategic partnership to the next level to help customers more rapidly realize the true benefits of cloud computing. This announcement symbolizes the dramatic customer value that can be derived through joint collaboration and will help customers transform their business operations and ultimately deliver IT as a service.”
David Small, Chief Platform Officer, Verizon Enterprise Solutions
“We believe EMC to be an excellent strategic partner who offers advanced cloud-optimized infrastructure technology. Together, we can harness the power of our disruptive innovations to help customers increase their business value.”
Terremark, a Verizon Company, is a leader in transforming and securing enterprise-class IT on a global scale. A subsidiary of Verizon Communications Inc. (NYSE, Nasdaq:VZ), Terremark sets the standard for IT deployments with advanced infrastructure and managed service offerings that deliver the scale, security, and reliability necessary to meet the demanding requirements of enterprises and governments around the world. With a global network of data centers and a comprehensive portfolio of secure solutions, Terremark is helping enterprise and government executives realize the power and promise of the cloud today. For more information, visit www.terremark.com.
EMC Corporation (NYSE: EMC) is the world’s leading developer and provider of information infrastructure technology and solutions that enable organizations of all sizes to transform the way they compete and create value from their information. Information about EMC’s products and services can be found at www.emc.com.
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EMC Forward-looking Statement
This release contains "forward-looking statements" as defined under the Federal Securities Laws. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors, including but not limited to: (i) adverse changes in general economic or market conditions; (ii) delays or reductions in information technology spending; (iii) the relative and varying rates of product price and component cost declines and the volume and mixture of product and services revenues; (iv) competitive factors, including but not limited to pricing pressures and new product introductions; (v) component and product quality and availability; (vi) fluctuations in VMware, Inc.'s operating results and risks associated with trading of VMware stock; (vii) the transition to new products, the uncertainty of customer acceptance of new product offerings and rapid technological and market change; (viii) risks associated with managing the growth of our business, including risks associated with acquisitions and investments and the challenges and costs of integration, restructuring and achieving anticipated synergies; (ix) the ability to attract and retain highly qualified employees; (x) insufficient, excess or obsolete inventory; (xi) fluctuating currency exchange rates; (xii) threats and other disruptions to our secure data centers or networks; (xiii) our ability to protect our proprietary technology; (xiv) war or acts of terrorism; and (xv) other one-time events and other important factors disclosed previously and from time to time in EMC's filings with the U.S. Securities and Exchange Commission. EMC disclaims any obligation to update any such forward-looking statements after the date of this release.