|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||11.50 - 11.84|
|52-week range||10.34 - 22.36|
|PE ratio (TTM)||N/A|
|Earnings date||3 May 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||21.94|
Internap Corporation (NASDAQ:INAP), a provider of high-performance internet infrastructure including colocation, managed services and hosting, cloud and high-performance network services, today announced that it has entered into a definitive agreement to acquire SingleHop, LLC, a private company headquartered in Chicago, Illinois for $132 million in cash. SingleHop is a recognized leader in the managed hosting and infrastructure as a service (IaaS) business segment, offering highly automated and on-demand IT infrastructure. This strategic combination allows INAP to immediately offer its customers advanced products and expertise. SingleHop’s enterprise and business customers will also benefit from INAP’s North American and global presence, providing a significantly more expansive integrated footprint.
Luxcore selects INAP to support their ground breaking second generation LambdaRouterTM --- the first full wavelength optical router. INAP chosen for its global presence in strategic markets, carrier neutrality ...
The Atlanta-based company said it had a loss of 14 cents per share. Losses, adjusted for one-time gains and costs, were 13 cents per share. The data center manager and internet traffic routing company ...