Internap

Founded in Seattle, Washington in 1996, the company's initial public offering (IPO) took place in 1999. In 2000, INAP's patented Managed Internet Route Optimizer (MIRO) technology was added to the Smithsonian's permanent technology exhibit.

Peter Aquino was named president and CEO of INAP in September 2016.{{cite web|url=http://www.internap.com/press-release/leadership-transition-support-next-stage-business-evolution/|title=Internap Announces Leadership Transition to Support Next Stage of Business Evolution}} Previously, he was chairman and CEO, and later executive chairman, of Primus Telecommunications Group, Inc.

In 2011, INAP launched the world's first commercially available OpenStack Cloud Compute service.{{cite web|url=http://www.internap.com/press-release/internap-announces-worlds-first-commercially-available-openstack-cloud-compute-service/|title=Internap launches OpenStack Cloud Compute service}} In June 2011, the INAP Santa Clara data center became the first commercial data center in the U.S. to achieve the Green Building Initiative's Green Globe certification.{{cite web|url=http://www.internap.com/press-release/internap-santa-clara-data-center-is-awarded-leed-certification/|title=Internap Announces Acquisition of Hosting Provider iWeb}}

Mike Ruffolo was president and CEO from May 2015 until September 2016. He was a member of the company's board of directors. Previously, he was president and CEO of Crossbeam Systems, Inc.{{cite press release |url=http://www.internap.com/press-release/internap-names-michael-ruffolo-president-ceo/ |title=Internap Names Mike Ruffolo as President and CEO |publisher=internap.com }} The company named Daniel C. Stanzione, non-executive chairman of the board in June 2009; he has been a director since 2004.{{cite web |url=http://www.internap.com/company-info/board-of-directors/daniel-stanzione.html |title=Internap Leadership Bio |publisher=internap.com }}{{Dead link|date=January 2020 |bot=InternetArchiveBot |fix-attempted=yes }}

On February 28, 2018, Internap acquired SingleHop for $132 million in cash.[https://www.inap.com/press-release/inap-completes-acquisition-singlehop/ INAP Completes Acquisition of SingleHop].

On March 16, 2020, Internap Technology Solutions, Inc. and six affiliated companies filed Chapter 11 bankruptcy in the United States District Court for the Southern District of New York.{{cite web|title=INAP files for bankruptcy, along with US subsidiaries |url=https://www.datacenterdynamics.com/en/news/inap-files-bankruptcy-along-us-subsidiaries/ | work=Data Center Dynamics|accessdate=May 10, 2020}} The company emerged from bankruptcy on May 11, 2020.{{cite web | title=INAP Successfully Completes Financial Restructuring, Strengthens Strategic Position | website=INAP | date=2020-06-16 | url=https://www.inap.com/press-release/inap-completes-financial-restructuring/ | access-date=2022-03-17}}

Less than a month after emerging from bankruptcy, on June 2, INAP announced that it sold its colocation business located at 1301 Fannin St, Houston TX, to Netrality.{{Cite web |title=INAP Closes Sale of Houston Colocation Business to Netrality Data Centers |url=http://netrality.mysmm.io/news/inap-sale-of-1301-fannin/ |access-date=2022-12-03 |website=Netrality Data Centers |language=en-US}}

On July 1, 2021, INAP sold Ubersmith to Lumine Group for an undisclosed amount.{{cite press release | title= Ubersmith Acquired by Lumine Group | website=ubersmith | date=2021-07-01 | access-date=2023-06-09 | url=https://ubersmith.com/ubersmith-acquired-by-lumine-group/ }} The following month, on August 2, Leaseweb acquired INAP's Canadian data centres, then operating under the iWeb name.{{cite web | title=Leaseweb Global Acquires iWeb To Build Significant Market Share in Canada | website=BusinessWire | date=2021-08-02 | access-date=2023-06-09 | url=https://www.businesswire.com/news/home/20210802005129/en/Leaseweb-Global-Acquires-iWeb-To-Build-Significant-Market-Share-in-Canada }}

In 2022, INAP continued to sell its assets. On May 9, INAP announced that it sold the assets associated with its network business, including INAP Japan, to Unitas Global.{{Cite web |last=Christian |first=Bruce |date=2022-05-09 |title=Unitas Global Acquires INAP's Network Business Assets |url=https://channelvisionmag.com/unitas-global-acquires-inaps-network-business-assets/ |access-date=2022-12-03 |website=ChannelVision Magazine |language=en-US}} And on September 14, it announced the sale of the majority of the assets associated with the colocation business, consisting of nine sites, to Evocative.{{Cite web |date=2022-09-14 |title=Evocative Signs Definitive Agreement to Acquire 9 INAP Data Centers |url=https://www.businesswire.com/news/home/20220914005278/en/Evocative-Signs-Definitive-Agreement-to-Acquire-9-INAP-Data-Centers |access-date=2022-12-03 |website=www.businesswire.com |language=en}}

On September 28, 2022, INAPs product "ServerIntellect" was the target of a ransomware attack that affected their multitenant website, database, and email hosting services causing data loss for those services. As a result, INAP discontinued multitenant hosting services.{{Cite web |title=Internap suffers ransomware attack - ceases email, database, and website operations. {{!}} Web Hosting Talk |url=https://www.webhostingtalk.com/showthread.php?t=1882401&p=10374997 |access-date=2022-12-12 |website=www.webhostingtalk.com}}{{Cite web |date=2022-10-04 |title=INAP Status - Legacy Platform Infrastructure Outage |url=https://ot.inap.com/incidents/l3ly2y746v26 |access-date=2022-12-12 |archive-date=2022-10-04 |archive-url=https://web.archive.org/web/20221004130636/https://ot.inap.com/incidents/l3ly2y746v26 |url-status=bot: unknown }} INAP removed the original ransomware incident report from their "Operational Transparency" page on October 5, 2022. Techradar published an article speculating that INAP's removal of the original incident report was an attempt to conceal the full effects of the ransomware attack.{{Cite web |author1=Abigail Opiah |date=2022-10-06 |title=Is Internap trying to conceal the full effects of a ransomware attack? |url=https://www.techradar.com/news/is-internap-trying-to-conceal-the-full-effects-of-a-ransomware-attack |access-date=2022-12-12 |website=TechRadar |language=en}}

On April 27, 2023, it was announced that INAP would be preparing another Chapter 11 filing and give lenders control of the company.{{Cite web|url=https://www.bloomberg.com/news/articles/2023-04-27/data-firm-inap-eyes-handing-lenders-control-in-second-bankruptcy|title=Data Firm Inap Eyes Handing Lenders Control in Second Bankruptcy|date=April 27, 2023|access-date=April 27, 2023|website=Bloomberg|language=en}} On April 28, 2023, INAP filed for Chapter 11 bankruptcy again.{{Cite web|url=https://news.bloomberglaw.com/bankruptcy-law/data-center-company-inap-files-for-bankruptcy-for-second-time?context=search&index=6|title=Data center company INAP files for bankruptcy for the second time|date=April 28, 2023|access-date=April 30, 2023|website=Bloomberg Law|language=en}} A process they completed on August 1, 2023.{{Cite web|url=https://finance.yahoo.com/news/inap-completes-recapitalization-stand-alone-230000646.html|title=INAP Completes Recapitalization of Stand-Alone Cloud Business|date=2023-08-01|access-date=2023-08-09|website=Yahoo! Finance|language=en}}

On January 24, 2024, INAP rebranded to HorizonIQ.{{Cite web |title=INAP Is Now HorizonIQ |url=https://www.horizoniq.com/inap-is-now-horizoniq/ |access-date=2024-05-20 |website=HorizonIQ |language=en-US}}

In 2000, INAP acquired CO Space, giving the company its first entry into the datacenter services business, which represents the majority of the company's current revenues. In the same year, INAP also acquired VPNX.com, a managed VPN provider. INAP acquired VitalStream Holdings, a content delivery service provider, in February 2007. In early 2012, INAP announced that it had acquired Voxel Holdings, Inc., a provider of scalable hosting and cloud services for enterprise users. In November 2013, INAP announced the acquisition of iWeb, a hosting and cloud provider based in Montreal, Canada.{{cite web|url=http://www.internap.com/press-release/internap-announces-acquisition-of-hosting-provider-iweb-to-address-complete-range-of-iaas-demands-worldwide/|title=Internap Announces Acquisition of Hosting Provider iWeb}}

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Category:Internet technology companies of the United States

Category:Companies based in Atlanta

Category:American companies established in 1996

Category:Companies formerly listed on the Nasdaq

Category:Companies that filed for Chapter 11 bankruptcy in 2020

Category:Companies that filed for Chapter 11 bankruptcy in 2023