Time Warner Cable (NYSE: TWC) is investing $101 million to expand its campus in Charlotte, N.C., over the next year or so to include a new data center that will add 225 new jobs. The North Carolina state government is poised to grant TWC $2.9 million in benefits if it meets job creation goals, so new employees won't be the only happy ones.
Another happy group will be Internet companies that will find TWC among cable TV companies better equipped to support their hosting and cloud computing needs. TWC in particular has been investing in the sector, earlier this year spending about $230 million to acquire Navisite and its stable of data centers.
- see this Data Center Knowledge post
TWC bought Navisite earlier this year
Comcast has been seen as a possible cloud investor