Internap

Internap Holding LLC, operating as INAP, is a provider of IT infrastructure services established in 1996 in Seattle, Washington. The company's trajectory includes an initial public offering in 1999 and the development of its patented Managed Internet Route Optimizer (MIRO) technology, which was recognized by the Smithsonian in 2000. Throughout its history, INAP has expanded its portfolio through strategic acquisitions, including CO Space in 2000 to enter the data center market, VitalStream in 2007 for content delivery, Voxel Holdings in 2012 for enterprise hosting, iWeb in 2013 for Canadian cloud hosting, and SingleHop in 2018. The company has undergone significant financial restructuring, filing for Chapter 11 bankruptcy in March 2020 and again in April 2023. Following these events, INAP has divested several assets, including its Houston colocation business to Netrality, Ubersmith to Lumine Group, its Canadian data centers to Leaseweb, its network business to Unitas Global, and nine data center sites to Evocative. In January 2024, the company rebranded to HorizonIQ.

INAP's business model is centered on providing integrated IT infrastructure solutions to a diverse client base that includes industries like software, media and entertainment, healthcare, and financial services. Revenue is primarily generated through subscription-based models for its colocation, cloud, and network services. The company's core offerings are divided into two main segments: data center services and IP services. The data center segment provides colocation, which involves secure physical space, power, and cooling for client hardware, alongside managed and cloud hosting solutions. The IP services segment is built around its Performance IP service, which utilizes the proprietary MIRO technology to analyze internet routes for performance metrics like latency and packet loss, thereby optimizing traffic flow. This segment also includes Content Delivery Network (CDN) services to facilitate the distribution of rich media content globally.

The company delivers a comprehensive suite of hybrid infrastructure solutions, including bare metal cloud, colocation, managed hosting, and advanced network services. Its colocation facilities are equipped to handle high-density power requirements. INAP's cloud services encompass public, private, and hybrid cloud environments, offering scalable compute and storage resources. A key differentiator is the Managed Internet Route Optimizer (MIRO) technology, an intelligent routing software that dynamically selects the best path for internet traffic across multiple network carriers, aiming to reduce latency and improve application performance. The service portfolio also extends to managed security, storage, and backup solutions, catering to businesses requiring reliable and secure IT infrastructure.

Keywords: HorizonIQ, INAP, Internap, IT infrastructure, colocation, data center services, cloud hosting, managed hosting, bare metal cloud, network services, Performance IP, MIRO, Managed Internet Route Optimizer, content delivery network, CDN, hybrid infrastructure, IP transit, high-density colocation, private cloud, public cloud, network optimization, data center restructuring