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  • Switch and Data Targets Financial Services

    March 23rd, 2009 : Rich Miller

    Switch and Data (SDXC) is leveraging its network of data center peering facilities to seek a larger foothold in the lucrative world of low-latency financial trading, taking on Equinix (EQIX) and Savvis (SVVS), among others. Read More

  • Telx Keeps Growing at 111 8th Avenue

    January 22nd, 2009 : Rich Miller

    Telx continues to expand its data center footprint, and has taken an additional 14,000 square feet of space at 111 8th Avenue, a major New York carrier hotel. Read More

  • 360TCS Data Center Targets Financial Niche

    November 20th, 2008 : Rich Miller

    360 Technical Center Solutions (360TCS) has opened a new data center in Lombard, Ill. and is focusing on providing high-density data center space to Chicago-area financial firms. Read More

  • Wall Street Still Expanding in Low Latency Trading

    November 11th, 2008 : Rich Miller

    Wall Street continues to invest in mission-critical IT infrastructure to support low latency trading in data center space operated by Equinix (EQIX). Read More

  • Citigroup Buys Wachovia

    September 29th, 2008 : Rich Miller

    Another major bank merger to digest: Citigroup (C) has acquired Wachovia in a deal facilitaed by the FDIC. Read More

  • The Tech Fallout from the Wall Street Crisis

    September 29th, 2008 : Rich Miller

    How will the crisis on Wall Street impact the Internet economy and US technology industry? Here's a roundup of different facets of the crisis' fallout. Read More

  • Lehman spent $1.1 Billion on IT in 2007

    September 16th, 2008 : Rich Miller

    Lehman Brothers spent $1.14 billion on IT in 2007, while Merrill Lynch invests up to $4 billion annually in communications and IT. Read More

  • Computer Glitches Halt London Trading

    September 8th, 2008 : Rich Miller

    Trading on the London Stock Exchange has been halted for most of today due to a "connectivity issue" that has left UK traders unable to respond to a rally on Wall Street. Read More

  • Stock Exchange Expands Colocation Services

    September 4th, 2008 : Rich Miller

    The growth of low latency trading has also been good for stock exchanges that offer colocation services, as well as data center providers like Savvis (SVVS)and Equinix (EQIX). Read More

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