Verizon leads a long list of cloud conundrums
Once upon a time in Florida, there was Terremark, an IaaS provider heavily invested in both IaaS and VMware infrastructure. It was tooling along, looking good like many platform providers in the embryonic stage of Cloud-on-the-Hoof (CotH).
The wild and wooly days had Rackspace, Saavis, AWS, and another half-dozen Managed Services Providers, ISPs-looking-for-more, and startups a-plenty. Azure was only a Microsoft dream. Salesforce was just hitting third gear. ServiceNow was trying to Unicorn. Facebook hadn’t even gone public. Obama was in his first term.
Verizon paid a premium for Terremark. When announced, Verizon offered $19 and Terremark was trading just above $14. Where Verizon could have made an enormous infrastructure steal, it’s now mostly toast. But they’re not the only visible mistake. Look to HP’s Helion and others in the ditch to answer the great question: what happened?
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