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

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

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