Hostway Raises $110 Million

Web hosting provider Hostway Corporation has announced the closing of a $110 million debt and equity financing with a consortium of investors to accelerate the company’s growth plan. Read More

Additional $10 Million Funding for SoftLayer

SoftLayer Technologies has an additional $10 million of capital for its expansion through a lending facility arranged by DH Capital, the companies announced this week. The announcement expands on the $20 million credit line arranged last September. Read More

More Data Center Deals Likely in 2010

As the debt and equity markets begin to thaw, the planned initial public offering for the Telx Group is shaping up as the first of many transactions to come in 2010 the data center sector, according to analysts and industry insiders. Read More

Roundup: Google, VISI, Level 3, Active Power

Roundup: Will Google build a new data centee in Australia to support Google Apps? Also, VISI announces an expansion of its St. Paul data center facility, Level 3 (LVLT) expands in Florida, and Active Power (ACPW) reports strong flywheel sales in late 2009. Read More

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