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Chillers and fuel cells: the greening of the hosting industry continues
Tuesday, February 23, 2010
By Chris Redman
WebhostingDay 2010: dates, location, speakers
Tuesday, January 26, 2010
By Chris Redman
Web hosting socially and in the cloud in 2010
Wednesday, December 30, 2009
By Renee Hendricks
One man’s data loss is another man’s lesson
Tuesday, August 18, 2009
By Chris Redman
Questions you didn’t know you can ask potential web hosting providers
Wednesday, July 29, 2009
By Artashes Toumanov

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Savvis secures new loan

Managed hosting provider Savvis has secured a $550 million term loan and a $75 million revolving credit facility to spend in outstanding securities and a repayment of its revolving credit loan. The arrangements are led by Bank of America-Merrill Lynch and Morgan Stanly Senior Funding.

Dediserve raises $1.3 million for expansion

An Irish-based web hosting provider Dediserve has secured $1.34 million in financing. The funding, which was acquired from a private investment group, will be used to increase staff, data center sites, and pursue expansion via acquisition. The company also announced it will open sites in the US, UK, and Dublin by the end of 2010.

Horizon Data Center lands $7.5 million in funding

$7.5 million in institutional funding has been secured by Horizon Data Center Solutions to finance the addition of new facilities and expand its managed IT services which includes its platform for private cloud computing.

Highbridge Business Park secures $255M in financing for a new DC

Highbridge Business Park, a UK-based data center provider has secured financing in the amount of $255 million in to build a new DC at Cobalt Park, North Tyneside, UK. The funding for a new 45,875 square feet data center came from a group of investors from Chancery Tax.

Is The Planet in peril?

2008 was a difficult year for The Planet. Founded in 1998, the world’s largest privately held dedicated web host, The Planet, faced mammoth challenges last year. An electrical fire in late May 2008 swept through their Houston data center, knocking out 9000 servers, impacting 7500 customers and 700,000 websites for at least two days. In […]

iWeb’s upgrades network to 50Gbps

Montreal-based web hosting provider iWeb has expanded its network. It started with 9Gbps at the start of last year and has just reached 50Gbps. The reason for the increase is to meet and support the bandwidth demand of those who use their services. iWeb received a credit on the amount of $1 million Canadian dollars […]

The Planet attains $45 million credit facility

Given the economic environment, here is some great news. The Planet has secured a new $45 million credit facility from Wachovia and Bank of America. Douglas J. Erwin, Chairman and CEO of The Planet noted that this financing will fund company’s demand-driven expansion plans and strategic initiatives over the next few years. We expect few announcements relative to strategic […]

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