Due to overwhelming demand for connectivity to the Internet core and top global carriers, Switch and Data announced today that it has again increased its footprint in New York City, one of the largest and busiest connectivity markets in the world. The company announced the addition of 25,000 sq. ft. to its facility at 111 8th Avenue, one of the premier carrier hotels on the U.S. East Coast.
Hosting.com has announced the acquisition of a 36,000 sq. ft. state-of-the-art data centre facility in Southern California. The facility is located in Irvine, and will offer managed colocation hosting solutions and provide additional redundancy to Hosting.com's global customer base. Hosting.com is headquartered in Louisville, Ky. and operates data centres in Louisville and Boston, Ma.
Located on the 3rd floor of its rue de Voltaire building, the new 10m Euro centre is the latest in a series of investments since the opening of Telehouse's second Paris site in 2001. Telehouse Paris' facilities now provide 7,000 sq.m of secure colocation space, to companies including the main French Internet Exchange PariX and SfinX. The new facilities are targeted at organisations that require a high availability of business-critical applications, such as those based on internet transactions and communications, internet points of presence and call centres.
Server design company Fabric7 Systems, Inc. has closed a US$13.4 million round of venture capital funding. This latest round of funding welcomes a new investment from a major silicon vendor and a significant strategic investment by Sanmina-SCI, as well as continuing support from New Enterprise Associates, Goldman Sachs, Selby Ventures, Foundation Capital and Vanguard Ventures.
Level 3 has today announced the final results of its previously announced private exchange offers to exchange its 9 1/8% Senior Notes due 2008, 11% Senior Notes due 2008 and 10 % Senior Discount Notes due 2008 (together the old notes). Read the full press release (pdf 134kb) Read the news story announcing the offer
Digital Realty Trust has announced that it has recently closed on several acquisitions located in strategic technology markets throughout the United States. The first acquisition, 251 Exchange Place in Herndon, Virginia, was purchased for approximately $12.9 million. The building is approximately 71,000 square feet and is 100% leased on a long-term basis to a leading metropolitan broadband network provider that uses it as an Internet gateway facility. The Company also recently acquired two buildings at the Met Center Business Park, located five miles southeast of downtown Austin.
Level 3 Communications, Inc. (Nasdaq:LVLT) will release its fourth quarter 2005 results on Tuesday, February 7, 2006, and will host a conference call at 10 a.m. Eastern Time. The fourth quarter conference call will be broadcast live on Level 3's Web site at www.Level3.com.
Terramark will hold its quarterly conference call on Thursday, February 9, 2006 at 5:30 p.m. Eastern time. The Company will discuss results for the quarter ended December 31, 2005 and the outlook for the Company. To hear the conference live, please call 1-866-831-6162 (domestic) and 1-617-213-8852 (International) five to ten minutes before the call and reference the passcode (TWW Call). A simultaneous live Webcast of the call will be available over the Internet at http://www.terremark.com, under the Investor Relations heading.
QLogic, the supplier of Fibre Channel host bus adapters (HBAs), stackable switches and blade server switches today announced its third quarter financial results for the period ended January 1, 2006. Net revenue from continuing operations for the third quarter of fiscal 2006 was a record $129.2 million and increased 11% from $116.0 million in the comparable quarter last year.
Redbus Interhouse plc and TeleCity plc have announced the successful completion of their merger following the recent acquisition being declared fully unconditional. The combination of Redbus Interhouse and TeleCity brings together two of the strongest players in the industry to create Europe's largest independent colocation provider. Management of the combined company includes executives from both organisations. Mike Tobin will lead the combined company as CEO.
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