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January 3, 2012 06:24 pm GMT

Internap Buys Hosting, Cloud Services Company Voxel For Up To $35 Million

voxelIT infrastructure solutions provider Internap this morning announced its acquisition of privately-held Voxel, an enterprise hosting and cloud services company based in NYC, for $30 million in cash. Under the terms of the deal, an additional $5 million in cash could be put on the table over the next two years, subject to certain performance-based criteria.Founded in 1999 in founder Raj Dutt's dorm room, the company provides on-demand dedicated hosting and cloud services to enterprises and Web-centric businesses.

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