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Savvis Buys Canadian Provider Fusepoint

Savvis (SVVS) will acquire Canadian managed IT and colocation provider Fusepoint Inc. for $124.5 million in cash. Fusepoint, a portfolio company of M/C Venture Partners, operates three data centers in Toronto, Vancouver and Montreal. Read More

Roundup: Equinix, Savvis, Level 3

IPC will offer trading connectivity services in more Equinix data centers, UBS trading systems to be hosted with Savvis in Weehawken, Level 3 will connect state colleges in Vermont. Read More

Roundup: NetApp, Riverbed, Savvis

NetApp (NTAP) acquires storage provider ByCast, Gartner highlights Riverbed (RVBD) as market share leader in WAN optimization, Savvis (SVVS) announces managed hosting contract with All Nippon Airways. Read More

Ousley Named New CEO at Savvis

Managed hosting provider Savvis (SVVS) said Tuesday that board chair and interim CEO James E. Ousley has won the job, and will be the company’s new chief executive officer. Ousley succeeds Phil Koen, who resigned Jan. 11. Read More

How Much Are Cloud Providers Making?

How much are the major players in cloud computing making from their cloud operations? The answers are all over the map. Here’s our roundup of public companies and their cloud computing revenues. Read More

Savvis Ready to Build, and May Go Shopping

Savvis (SVVS) is in building mode, and may be going shopping as well. The managed hosting provider plans to build additional data center space in the northern Virginia and London markets, in addition to the expansion announced today in Chicago. Read More

Savvis to Expand Trading Space in Chicago

Responding to growth in its proximity hosting services for financial companies trading derivatives and commodities, Savvis (SVVS) is expanding its data center at 350 East Cermak, a key connectivity hub in downtown Chicago. Read More

Savvis CEO Koen Resigns

Savvis (SVVS) chief executive officer Phil Koen resigned at the close of business Friday, the company said this morning. James Ousley will serve as interim chief executive officer while the company’s board of directors seasrches for a new CEO. Read More

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