On May 7, Internet infrastructure services provider Internap Corporation announced a new CEO and president. Michael Ruffolo, who has been on the company's board of directors since 2010, will succeed resigning president and CEO Eric Cooney. Ruffolo has more than 25 years of experience leading high-technology companies. Most recently, he served as executive chairman at Edgeware, a video delivery network provider, and as president and CEO at Crossbeam Systems, Inc., a network security platform provider.
"Winning companies focus on the needs of customers and work hard to earn their trust and enduring loyalty," Ruffolo said. "At Internap, we are winning by focusing on our customers' need for high-performance infrastructure. Going forward, we will drive accelerated growth as we continue to build trusted customer relationships."
Internap offers hybrid infrastructure solutions. The company operates nine data centers in the U.S., including a New York data center, a Los Angeles data center and a Dallas data center. First quarter reports have Internap at a year-over-year decrease in revenue of 1 percent and a GAAP net loss per share of $0.20. Data center services revenue, however, increased 1 percent over Q1 2014 figures.
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