Hosted Solutions, a Raleigh, N.C.-based provider of managed hosting and data center services, today announced the acquisition of Boston Datacenters, Inc., Charlestown, Massachusetts, the region's premier data center provider. Privately-held Hosted Solutions also runs three SAS 70 Type II certified data centers, located in Charlotte, Cary and Raleigh, North Carolina.
Digital Realty Trust, Inc. (NYSE: DLR), a leading owner and manager of corporate datacenters and Internet gateways, has announced the acquisition of a partial interest in the primary Internet gateway for the Pacific Northwest market located in downtown Seattle, Washington and fee simple interests in datacenter facilities located in Miami, Florida, Waltham, Massachusetts and Tempe, Arizona. The total purchase price paid for these four acquisitions was approximately $79.1 million. According to Michael F.
Scali, a leader in high performance clustering solutions for datacenters, today announced that it has closed on $3.5 million in funding from investors Atlas Venture and Four Seasons Venture. The new round of funding will help fuel the company's continued growth and market share expansion. Scali also announced that Jack Kay has joined the company as President and CEO. Prior to joining Scali, Kay, as president and CEO of Axsun Technologies, revived a nearly defunct telecommunications start-up.
Vodafone has successfully completed the principal part of the integration of its European data centres into central hubs, deploying state-of-the-art technology. This initiative will deliver considerable cost efficiencies across the Group through the significant reduction of the total number of data centres. Under the initiative, data centres from Vodafone's Northern European operating companies have been integrated into a hub based in Germany, while data centres from the Southern European companies have been centralised in Italy.
Terremark Worldwide, Inc. (AMEX:TWW), a leading operator of integrated Internet exchanges and a global provider of managed IT infrastructure solutions for government and private sectors, today reported its results for the quarter ended September 30, 2006. Total revenues for the quarter ended September 30, 2006 were $24.2 million, exceeding guidance of $22.0 million to $23.0 million and representing an increase of 13% over the previous quarter and 73% over the same period the prior year.
AboveNet, Inc., a provider of fiber based connectivity solutions for businesses and carriers, has announced that it completed a transaction to sell its San Jose data center facility to DataPipe. DataPipe and AboveNet have developed a comprehensive transition plan for the facility that is designed to ensure that customers experience no interruption in service and have continuity in both operational and administrative processes. The Bank Street Group LLC served as exclusive financial advisor to AboveNet in connection with this transaction.
PEER 1 Network Enterprises, Inc. (TSX-V:PIX), a global provider of high-performance Internet infrastructure, released the company's financial results for the first quarter of fiscal year 2007 for the three months ended September 30, 2006. Financial highlights from the quarter include the following (all figures are reported in US dollars): * PEER 1's revenue increased 80.7% to $17.49 million for the quarter ended September 30, 2006, compared to $9.68 million for the quarter ended September 30, 2005.
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