Just days after Go Daddy announced plans to enter the IaaS space, Verizon revealed its readiness to deploy IaaS and managed services as a result of the consummation of its technological integration with its recent acquisition Terremark. The newly formed entity, Terremark Worldwide, plans to roll-out hosting and cloud infrastructure services by leveraging a network of over 50 data centers located in North America, Europe, the Asia-Pacific and Latin America. Importantly, Terremark Worldwide intends to avoid vendor lock-in by empowering customers to migrate data from one cloud infrastructure to another. Currently, Terremark’s cloud infrastructure services support only the VMWare hypervisor whereas its managed services hosting offering integrates with multiple hypervisors. Kerry Bailey, President of Terremark Worldwide, noted that Terremark plans to integrate with other virtualization platforms as well as develop APIs to help customers avoid lock-in as part of its product roadmap over the next few years. In response to data breaches affecting companies across the U.S., Terremark also plans to provide security risk assessments and vulnerability analyses that leverage Verizon’s expertise in security, risk, and identity and access management services.