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Savvis is a subsidiary of Lumen Technologies (formerly CenturyLink) that sells managed hosting and colocation services headquartered in Town and Country, Missouri.The company owns more than 50 data centers [1] spread across North America, Europe, and Asia and provides information technology consulting.
Post-bankruptcy filing, CMED's liquidator found itself probing an alleged $355 million insider fraud. In March 2017, the U.S. Department of Justice criminally indicted the CMED founder and CEO, as well as the former Chief Financial Officer, charging them with securities fraud and wire fraud conspiracy for stealing more than $400 million from ...
Citi analyst Michael Rollins noted data center stocks Equinix, Inc (NASDAQ: EQIX), Digital Realty Trust, Inc (NYSE: DLR), Cyxtera Technologies, Inc (NASDAQ: CYXT) were down an average of >5% on ...
Lumen Technologies, Inc. (formerly CenturyLink, Inc.) is an American telecommunications company headquartered in Monroe, Louisiana, which offers communications, network services, security, cloud solutions, voice and managed services through its fiber optic and copper networks, as well as its data centers and cloud computing services.
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Exodus Communications, the world's largest web hosting provider at the time, was a data center provider that provided retail and commercial server colocation and was an Internet service provider to dot-com businesses. Exodus went public in 1998 amid massive business growth (40% quarterly growth over 13 quarters) and achieved a peak market value ...
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Switch Inc. was established in 2000 by Rob Roy, who is both the CEO and the company's leading inventor and chief engineer. [3] In 2002, Roy acquired a former Enron facility in Nevada through an auction he was the sole attendee of, due to the secretive nature of Enron's fiber plans.