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...Two years later, CenturyLink completed the $22.4bn takeover of Qwest, making it the third-largest telecoms group in the US, and followed up with the $2.5bn takeover of datacentre business Savvis in 2011....
...The new Savvis sites at London Docklands and Singapore will open on June 30 and August 1 respectively. Bill Fathers, president of Savvis, said, “We’re still not expanding at the rate of market growth.”...
...Savvis Neophytou at Panmure Gordon cut his expectations for Adderall XR’s 2013 sales from $500m to $150m, and downgraded his estimate for Shire’s earnings per share by 7.2 per cent to 227.53 cents....
...The technology behind the Virgin launch will be provided by Savvis, a US web hosting and service provider that was has been acquired by CenturyLink, the US telecoms group....
...The consideration represents an 11 per cent premium over Savvis’ closing stock price on Friday and a premium of 53 per cent over Savvis’ stock price at the beginning of the year....
...Those Savvis customers currently include nearly 2,500 unique clients and 32 of the top 100 companies in the Fortune 500....
...Analysts are expecting US groups such as Equinix and Savvis to see their earnings multiples rise....
...Citrix plummeted 14.1 per cent to $60.15, Rackspace Holdings tumbled 11.1 per cent to $23.29 and Savvis slumped 10.4 per cent to $19.39....
...The Elektron system expands on that by using an additional seven data centres around the world already operated by Savvis, a data centre operator with which Thomson Reuters has agreed a partnership for the...
...Constellation’s last $358m fund was invested in “an ecosystem” of programming assets such as TV One, a cable network for African American audiences; a hosting network in Savvis over which to transmit them...
...BATS is placing its electronic trading platform and routers in a data centre in London hosted by Savvis so that traders can “co-locate” their systems with those of BATS, adds the FT....
...This single server farm run by outsourcing specialist SAVVIS is home, among others, to the platforms of the American Stock Exchange, the Philadelphia Stock Exchange, and BATS Trading, an ECN that claims...
...Bryan Doerr, chief technology officer of Savvis, a US-managed service group, says, however, that to make the most of virtualisation, businesses need to invest in a secure and robust IT infrastructure....
...Shares in Savvis gained 2 per cent to $35.92, after the information technology company sold a business unit to Level 3 Communications for $135m. Shares in Level 3 were down 1.2 per cent at $5.59....
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