Results 1 - 10 of 306
Savvis Reports Second Quarter 2010 Results
Monday, July 26, 2010 - Savvis, Inc. reported its second quarter 2010 financial results, with revenue of $221.8 million, compared to $219.9 million in the second quarter of 2009. Adjusted EBITDA* was $54.7 million, excluding $3.5 million of Fusepoint acquisition and integration costs, compared to $55.1 million of adjusted EBITDA in the second quarter of 2009.
Cloud Computing Confidence Expected to Drive Economic Growth, According to Global Savvis Study
Wednesday, July 21, 2010 - The flexibility of cloud computing could help organizations recover from the current global economic downturn, according to 68 percent of IT and businesses decision makers who participated in an annual study commissioned by Savvis, Inc. (NASDAQ: SVVS), a global leader in cloud infrastructure and hosted IT solutions for enterprises.
Savvis Wins Best New European Cloud Services Award
Tuesday, July 13, 2010 - Savvis won the Best New European Cloud Services Award from BroadGroup during the Data Centres Europe 2010 Awards in Nice, France.
Savvis Announces Time for Second Quarter 2010 Earnings Call
Monday, July 12, 2010 - Savvis announced that it plans to release its second quarter 2010 financial results before the market opens on Monday, July 26, 2010. Company executives will host a financial analyst call at 10 a.m. EDT that morning, to discuss second quarter earnings and to provide a general business update.
Savvis Announces Intention to Enter Into $625 Million in Senior Secured Credit Facilities
Friday, July 09, 2010 - Savvis announced that it intends to enter into new senior secured credit facilities providing for borrowings of up to $625 million. These facilities will consist of a $550 million term loan, maturing in 2016, and a $75 million revolving credit facility, maturing in 2014.
Savvis Commences Tender Offer for its 3% Convertible Senior Notes Due 2012
Thursday, July 01, 2010 - Savvis announced that it has commenced a tender offer for all of its outstanding 3% Convertible Senior Notes due May 2012. The principal amount outstanding on the notes is $345 million.
Launch of Savvis Symphony Allows Clients to Configure Virtual Private Data Centers in the Cloud
Monday, June 28, 2010 - Savvis Symphony, one of the broadest lines of cloud services on the market, officially launches today with the release of Savvis Symphony Virtual Private Data Center (VPDC), a new cloud computing offering from Savvis, Inc. that provides clients with 100 percent enterprise-class cloud.
Savvis Launches Major Data Center Expansion to Meet Growing Demand in Financial Markets
Wednesday, June 23, 2010 - Savvis announced the completion of the NJ2X expansion to its premier financial services data center complex in Weehawken, N.J. The combined facilities allow Savvis to accommodate growing client demand for proximity hosting, Internet infrastructure services and connectivity to global financial exchanges in the New York-New Jersey financial hub.
Savvis to Host Barclays Capital’s LXsm Dark Liquidity
Tuesday, June 22, 2010 - Savvis announced that Barclays Capital's dark liquidity crossing network, LX, is being hosted in Savvis’ NJ2 premier data center complex in Weehawken, N.J.
Savvis Completes Acquisition of Fusepoint
Wednesday, June 16, 2010 - Savvis announced that it has completed its acquisition of Fusepoint, Inc., a leading independent provider of managed IT and colocation services to enterprises in Canada.
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