Terremark Worldwide, Inc. (NASDAQ:TMRK), a leading global operator of carrier-neutral integrated Internet Exchanges and a provider of managed IT infrastructure solutions utilizing cutting edge virtualization and utility computing technologies, has announced that it has secured commitment letters from Credit Suisse and Tennenbaum Capital Partners for a total of $250 million. Once funded, the Company intends to utilize the funds to repay all of the company's current outstanding secured debt as well as provide capital for the company's expansion plan.

Equinix, Inc. (Nasdaq: EQIX), a leading provider of network-neutral data centers and Internet exchange services, has announced the planned acquisition of a new data center property in the Los Angeles area and the expansion of an existing center in the Silicon Valley. The announcement of the expansions comes as the demand for data center and network exchange services continues to accelerate, far outpacing supply. According to Tier1 Research's Mid Year 2007 Internet Data Center Supply Report, North American data center demand is outpacing supply by a factor of two to one.

TelecityRedbus, one of Europe's leading data centre and managed services companies, today announced it has begun construction of a new £50m data centre in Central London. The Powergate facility will be one of the highest specification data centres in Europe, with a planned 25 megawatts of resilient power and approximately 50,000sq feet of capacity. The facility is expected to be ready for customers in Q2 2008. On completion, Powergate will be TelecityRedbus's eighth data centre in London.

According to press reports in India, France Telecom and two other international companies are understood to have expressed interest in acquiring GTL's Enterprise Networks and Managed Services businesses. The Mumbai-based GTL intends to hive-off the two business domains in order to concentrate more on its telecom network-related business. Enterprise Network offers services including converged enterprise networks, contact centre solutions, disaster recovery, security solutions and professional services.

TelecityRedbus, a carrier neutral Pan European Data Centre operator, is considering a stock market flotation, according to a report in the UK's Daily Telegraph newspaper. The company is currently owned by a number of venture capital investors including 3i and US firm Oak Hill Investors. Deutsche Bank has been retained to advise on the strategic options for the company which may also include a trade sale. For the 2006 financial year according to a company statement made after the acquisition of Globix UK in September 2006 the company expected to have achieved GBP76 million of revenues.

Danish provider TDC Hosting part of TDC Solutions, the IT subsidiary of TeleDenmark Corporation has acquired Uni-2 from Tele-2 Denmark. As a result of the deal TDC Hosting has consolidated its position as Denmark's largest hosting provider with a 20% market share. Uni-2 specialises in providing services to the Small & Medium Enterprise sector and has around 3,500 customers.

IBM Global Financing is offering a new range of asset recovery products to assist clients make the change-over to greener Data Centre technologies. The programme includes free disposal of older servers (if committed within a certain period and if the upgrade is to IBM products); disk wiping services to help protect data on all Intel-based servers and a green line Data Centre asset recovery help-line.

Lance Tracey, chairman and CEO of PEER 1 Network Enterprises, Inc. (TSX-V: PIX), a leading provider of Internet infrastructure, today announced that the board of directors has approved the grant of 2,662,100 options to members of the executive management group (non-director officers) pursuant to the company's Long Term Incentive Plan approved by the shareholders at PEER 1's most recent annual general meeting.

Equinix, Inc. (Nasdaq: EQIX), a leading provider of network-neutral data centers and Internet exchange services, has announced its firm intention to make an offer for the entire issued share capital of IXEurope Plc (IXEurope, AIM: IXE), a provider of colocation services in Europe. The acquisition comes as Equinix is in the midst of a more than $450 million expansion program in the U.S. and Asia-Pacific since 2006, and it is expected to strengthen Equinix's market leading position by enabling the company to offer a comprehensive global solution for customers.