Plans to maintain Data Return's offices and Network Operations Center in Dallas, Texas.

Terremark Worldwide, Inc., a provider of managed IT infrastructure solutions, yesterday announced that it has completed the acquisition of Data Return, LLC, a provider of hosting solutions.

According to Terremark, it will maintain Data Return's offices and Network Operations Center in Dallas, Texas, and Terremark's operations in Florida, Virginia and California. Terremark will provide additional information regarding the Data Return acquisition; debt refinancing; geographic expansion plans and its revised outlook for fiscal year 2008 on its earnings conference call scheduled for June 14, 2007.

"Although corporate and government leaders have already embraced the value of virtualization in IT environments, this trend is just beginning and we see tremendous market opportunities to deliver virtualized IT solutions to enterprises and government customers," said Manuel D. Medina, Terremark's Chairman and CEO. "Two of the most compelling value propositions for virtualized infrastructure solutions are the immediate reductions in total cost of ownership and simplified business continuity and disaster recovery considerations. We see numerous opportunities to cross-sell the new combined customer base, including both enterprise and Federal government customers, and we expect the addition of Data Return to allow us to increase square foot revenue yields within our facilities."