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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
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Savvis

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Savvis expands with global financial DCs

Savvis is adding global financial data centers in Brazil, Mumbai, and Sydney. The decision is based on the company’s customer base which gets access to low latency market data and other related statistics out of these data centers.

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.