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News - Finance & Investment

PEER 1 Hosting reports fourth quarter and year end results for fiscal 2010

24.09.2010

PEER 1 Network Enterprises, operating as PEER 1 Hosting, a provider of online IT infrastructure, has announced the results for the three and 12 months ended June 30, 2010.

 

Selected financial highlights comparing the years ended June 30, 2010 and 2009: Revenue increased 6.1% to US...

Servers dictate data centres' monthly costs

23.09.2010

Servers are responsible for over half the monthly cost of running a large data centre, according to a new model from Amazon Web Services' distinguished engineer James Hamilton. Hamilton's model crunched the numbers on a 50,000-server facility, and found that after servers, a distant second for...

Virtus begins construction on London data centre

23.09.2010

Virtus has forged ahead with the speculative build of its Enfield Tier III enhanced Data Centre with the completion of a new mezzanine floor The mid-market data centre operator has almost doubled the footprint of the brand new distribution shed to circa 70,000 sq ft. The mezzanine, which has a...

CoreSite IPO prices at midpoint - Update

23.09.2010

Data centre owner and operator CoreSite Realty, whose two biggest backers are associated with The Carlyle Group, priced shares in its initial public offering at the midpoint of the expected range on Wednesday. The company, based in Denver, Colorado, sold 16.9 million shares for US$16 each,...

Verizon considering Somerset for major data centre location

23.09.2010

Somerset, New York, may soon get an economic boost if Verizon Communications decides to call the place home for its new major data centre. According to reports, this centre could bring as much as US$500 million in investment. Verizon is currently in negotiations to acquire a 160-acre piece of...

Kenya seeks firms to set up second data facility

22.09.2010

The government is calling on the private sector to partner with it in setting up a second national data centre, in a move likely to boost the country’s information and communication technology industry. The initiative, which is part of the government’s drive towards promoting e-commerce, is...

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