[3] In 1980 Manny Medina incorporated Terremark as a real estate company, constructing office buildings.

During the dot-com era, an increasing number of his buildings were leased to computer data centers; over the years the company morphed into an information technology services company itself starting with the NAP of the Americas,[4] a large data center[5] and Internet exchange point[6] that hosts one of the instances of the K-root of the Domain Name System.

[7] On January 27, 2011, Verizon Communications announced it would buy Terremark Worldwide for $19 a share, in a deal valued at $1.4 billion.

[11] In October 2013, Secretary of Health and Human Services (HHS) Kathleen Sebelius revealed that Terremark, the web-hosting provider for HealthCare.gov, was the government contractor responsible for "outages that disrupted the website" when it was initially rolled out.

[14] In Jan 2016, Verizon confirmed the intention to divest its data center portfolio, with Equinix (EQIX) for a consideration of around $3.5 billion.