Roundup: Savvis, Raritan, NaviSite, Active Power
A roundup of data center industry news from Savvis (SVVS), Raritan, NaviSite (NAVI) and Active Power (ACPW).
October 27, 2009
Here’s a roundup of news announcements from the data center and hosting industry:
Savvis Selected by BATS Global Markets. Savvis announced Monday that BATS Global Markets is expanding its hosting space in Savvis' Weehawken data center to support business growth and its second U.S. equities exchange (BYX). Expansion in the Savvis Docklands data center in London will also take place to support the BATS Europe multilateral trading facility. BATS is a global financial markets technology company in Kansas City, Missouri and has been a Savvis customer since they were founded in 2005. Savvis announced major expansion to the NJ2 data center in Weekhawken, New Jersey in July 2009, citing strong customer demand for proximity hosting and low latency connectivity to major financial exchanges.
Raritan Introduces Intelligent Inline-meter Rack PDUs. Raritan introduced the new Dominion PX-3000 series Monday to its portfolio of intelligent rack power distribution and energy management products. The new series of power meters are designed to be used in conjunction with dumb rack PDUs (Power Distribution Units) to provide strip-level metering and environmental monitoring. The Dominion PX-3000 gathers a variety of power and environmental statistics and this real-time information can been seen with a local display or from a remote graphical user interface via a web browser.
NaviSite Selected by Farmer Mac for DR. Navisite announced Monday that it has been selected by the Federal Agricultural Mortgage Corporation (commonly known as Farmer Mac) as its Disaster Recovery solution. Selecting NaviSite addressed scalability and SAS-70 audit requirements as well as Sarbanes-Oxley for Farmer Mac. NaviSite chief revenue officer R. Brooks Borcherding said “Our disaster recovery solutions address the complete disaster recovery life cycle – from initial planning and implementation to ongoing management, and, if necessary, solution support for disaster scenarios."
Active Power Reports 3rd quarter 2009 Results. Critical power systems company Active Power (ACPW) announced the results for its third quarter ending September 30, 2009. Revenue for the quarter increased 29% to $8.5 million from the previous quarter and decreased 31% from $12.4 million in the same period last year. More than $15 million in bookings since July 2009 were recorded, including additional orders for its PowerHouse container solution. PowerHouse revenues represented approximately 22% of revenue for the third quarter. Active Power expects 4th quarter 2009 revenue to be between $12 and $15 million; above analysts' estimates. Active Power's Martin Olsen recently provided a tour of the PowerHouse at the HP Technology Forum in Las Vegas.
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