Posted By Rich Miller On March 21, 2008 @ 7:54 am In CenturyLink | Comments Disabled
Social networking site Capazoo has reportedly fired its staff  and may be trying to shop itself to potential buyers. Montreal  media reports  say the company’s co-founders are in the midst of a legal dispute.
In Nov. 2007, Capazoo announced that it had signed a $5 million, three-year agreement with Savvis Inc. (SVVS) for a fully-managed IT infrastructure solution. Savvis deployed Capazoo’s equipment in its new Boston data center, including virtualized servers and storage systems, distributed denial of service (DDOS) and intrusion detection systems. At the time, Capazoo estimated that its infrastructure spending with Savvis would eventually surpass $20 million.
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URL to article: http://www.datacenterknowledge.com/archives/2008/03/21/capazoo-fires-staff-shops-company/
URLs in this post:
 fired its staff: http://www.techcrunch.com/2008/03/19/capazoo-blows-25-million-heading-to-the-deadpool/
 Montreal: http://montrealtechwatch.com/2008/03/19/capazoo-lays-off-60-shops-itself/
 media reports: http://www.canada.com/montrealgazette/news/business/story.html?id=474dae19-551c-4460-9359-328c570fc36c
 Rich Miller: http://www.datacenterknowledge.com/archives/author/richm/
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