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News - Finance & Investment

DW deal boosts Amor expansion


Amor Group, the IT services business set up last year after a £28 million buyout deal, has acquired an Aberdeen-based firm for a seven-figure sum as it looks to double turnover by 2012.


The takeover of DW Technology Services will see 25 staff join Amor along with a string of...

AboveNet reports third quarter 2010


AboveNet, a provider of high-bandwidth connectivity solutions, announced results for the third quarter and nine months ended September 30, 2010.


Third quarter 2010 highlights included Revenue for the third quarter of 2010 was US$103.7 million, a 12.2% increase from US$92.4...

Digital Realty Trust reports third quarter 2010 results


Digital Realty Trust, an owner and manager of corporate and Internet gateway data centre facilities, has announced financial results for the third quarter of 2010.


Highlights included net income for the third quarter of 2010 was US$23.6 million, up 18.6% from US$19.9 million in...

Cincinnati Bell earnings dip for 3Q


Cincinnati Bell has reported lower earnings for the third quarter after higher interest costs for its US$525 million CyrusOne acquisition in June.


Net income for the three months ended Sept. 30 was US$14.5 million compared with US$27.7 million, a year ago. The company said the...

Tata Communications Exchange data centre opens in Singapore


Tata Communications has announced the opening of its state-of-the-art Tata Communications Exchange data centre in Singapore, built to meet the growing IT outsourcing needs of enterprises in Asia Pacific.


The six-storey data centre in Tai Seng, near Paya Lebar, is situated in the...

Terremark looking to expand data centre facilities in four markets


Data centre operator Terremark Worldwide has announced it is planning on expanding its data centre space in four key markets to meet growing customer demand for colocation and cloud services. The company says it may turn to the debt markets to finance the construction of these data centres....


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