Roundup: Savvis, Velocix, Rackable, GE

Savvis Inc. (SVVS) has refinanced its revolving credit facility, the company said late Monday. The new facility is slightly smaller, shrinking from $85 to $50 million, but includes an "accordion" ferature that will allow it to expand to $100 million if Savvis meets financial benchmarks. Savvis has accessed the new facility for $24 million in letters of credit.

Content delivery specialist Velocix has launched a service offering ISPs the ability to build their own CDN for video and rich media. Velocix Metro is the name of the new offering, which was recently deployed at Verizon (VRZN) , which is using the technology to offer content providers exclusive access to their subscribers. Dan Rayburn and Contentinople have more.

Rackable Systems (RACK) has introduced the C1002 server, which uses energy efficient chips from AMD and Intel. “Customers will achieve greater storage capacities with the C1002 and attain dual server densities in 1U of rack space to lower the total cost of ownership and increase their organization’s ability to cost-effectively scale," said Giovanni Coglitore, chief technology officer at Rackable. 

GE Digital Energy announced the availability of its new Zenith 1600-3000 Amp Horizontal Bypass/Isolation Automatic Transfer Switch (ATS) system - an easy to operate, compact ATS that enables safe, simple maintenance and inspection. "We are addressing the challenges facility managers face on a daily basis by delivering an easy to operate and easy to maintain bypass/isolation design that ultimately helps ensure critical load uptime and operator safety," said Steve Smith, General Manager – Power Quality, GE Digital Energy. "This new system is a breakthrough in the installation and operation of Bypass/Isolation ATS."

Rightscale, which provide management tools for cloud computing applications, has raised $13 million in a second round of venture capital funding, the company said. It previously raised $4.5 million in April.