PAETEC shifts toward Cloud by adding Data Centers
PAETEC (NASDAQ: PAET) now joins a growing group of service providers with sights on a national data center infrastructure as they position themselves for the cloud services market. By the end of 2012, PAETEC expects to operate a total of 20 data centers by expanding to 13 new markets across the U.S. PAETEC will expand its data center presence in 2011 with planned buildouts in Charlotte, Columbus, Detroit, McLean (VA), and Tampa, while 2012 construction plans include new facilities in Atlanta, Chicago, Dallas, Denver, Pittsburgh, Rochester (NY), Seattle and Silicon Valley. The data center activities will coincide with a new set of enhanced business and cloud-based product sets including dedicated server, virtual server, managed storage, and hosted exchange. Like with other recent product initiatives, such as Ethernet over Copper (EoC), PAETEC intends to target new and its existing customer base of mid-sized businesses. Read full press release.
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