Low Latency

Former Bear Stearns Data Center Sold

It looks like JP Morgan Chase has sold one of the two Bear Stearns data centers it acquired in March 2008 when the investment bank collapsed. Last week Brookfield Asset Management bought a New Jersey data center property from JP Morgan as part of a larger real estate deal. 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

Roundup: Cisco’s Space Router, AboveNet

Roundup: Cisco’s space router operates in orbit, AboveNet says it has deployed to all 20 Equinix data centers in the U.S., Lexent Metro joins Switch and Data’s GeoReach program, Huawei deplys DWDM platform for GlobeNet. Read More

NASDAQ Expands Colo Deal With Verizon

The NASDAQ OMX Group is expanding its colocation agreement with Verizon Business, the two companies said yesterday. The expansion continues the arms race between financial data centers in northern New Jersey, where stock exchanges are competing with colocation and hosting specialists. Read More

Can High Frequency Colo Support Many Players?

As NYSE Euronext pushes deeper into data center services, industry-watchers are gauging the impact on the low-latency colocation market in Northern New Jersey. Colocation providers say the NYSE will bring further segmentation to a fast-growing market, and predict that traders will continue to seek require colocation partners beyond the NYSE. Read More

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