Update: Savvis Denies Hiring Investment Banker

The St. Louis headquarters of managed hosting provider Savvis, which has agreed to be acquired by CenturyLink.

Savvis Communications (SVVS) is denying a report by PE Hub that it has hired investment bank Qatalyst Partners as a financial adviser. Savvis has been mentioned as a potential buyout target in recent speculation about cloud computing acquisitions. Read More

Savvis Expanding to Global Financial Hubs

Savvis is looking to leverage its relationship with Thomson Reuters to expand its data center network to emerging global financial centers, including locations in Brazil, Mumbai and Sydney, Australia, the company said Monday. Read More

Savvis Opens New NJ2X Financial Trading Hub

An image from Savvis of its new NJ2X data center, which will low latency trading operations.

Savvis (SVVS) this week announced the opening of the NJ2X expansion to its financial services data center complex in Weehawken, N.J. The new data center allows Savvis to meet growing demand for its proximity hosting trading service. Read More

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