News - Finance & Investment
SunGard announces third quarter 2010 results
SunGard, one of the world’s leading software and technology services companies, today reported results for the third quarter ended September 30, 2010. For the quarter, revenue was US$1.24 billion, down 7% year over year. Adjusted EBITDA was US$338 million, down 10%, and adjusted income from...
Savvis posts quarterly loss
IT services company Savvis posted a wider-than-expected loss for the third quarter in a row, as increases in revenue was offset by higher operating expenses, but raised its 2010 revenue view.
For the third quarter, the company posted net loss of US$26.2 million compared with a...
Taxation drives data centre location
The cost of power is a major consideration when locating a mega data centre. But another factor is playing an increasing role: Taxes. "The site selection process has changed from low energy, to low energy and low taxes, to taxes and low energy," says KC Mares, president and chief energy officer...
F5 Networks announces fourth quarter and fiscal 2010 results
F5 Networks, has announced revenue of US$254.3 million for the fourth quarter of fiscal year 2010, up 10% from US$230.5 million in the prior quarter and 45% from US$175.1 million in the fourth quarter of fiscal year 2009. For fiscal year 2010, revenue was US$882.0 million, up 35% from US$653.1...
Equinix reports third quarter 2010 results
Equinix, a provider of global data centre services, has reported quarterly results for the quarter ended September 30, 2010.
Revenues were US$330.3 million for the third quarter, a 12% increase over the previous quarter and a 45% increase over the same quarter last year. This...
CIMB Islamic supports the development of HP?s regional hub
CIMB Islamic Bank and Hewlett-Packard Multimedia Sdn Bhd, a 100% subsidiary of HP Malaysia Sdn Bhd, have signed an agreement formalising an Islamic Term Financing Facility agreement to finance the development and construction of the Next Generation Data Centre that will be located in Cyberjaya,...
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