Roundup: Geico, Colo 5, Fidelity, Liberty Center

A roundup of data center news from Geico, Fidelity Investments, Colo5 and Liberty Center One.

Here's a roundup of some industry announcements from this week:

  • Geico Insurance has opened a $28 million data center expansion on its campus near Fredericksburg, Va. Holder Construction was the general contractor on the expansion of the 16,760-square-foot center.
  • Colocation provider Colo 5 announced this week it will open a new disaster recovery center in a 122,000 square foot data center in Jacksonville, Florida. The company said it has invested $2 million in upgrades to the former Barnett Bank data center.

  • Fidelity Investments, the nation's largest mutual fund company, is planning to virtualize the "'vast majority"' of its servers within the next several years, and is also consolidating its U.S. data centers, concentrating server power more densely into a smaller, more manageable number of facilities.
  • Liberty Center One has invested $7.3 million to convert a former tool plant in Royal Oak, Michigan into a data center facility. The project received a 12-year, 50 percent tax abatement from the city, which will save the company about $114,000 a year in taxes.
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