savvis

  • CenturyLink Acquiring AppFog To Move Into Platform-As-A-Service Market

    CenturyLink Acquiring AppFog To Move Into Platform-As-A-Service Market

    According to a source within the company, CenturyLink is acquiring AppFog, a platform-as-a-service company. Terms of the deal were not revealed. AppFog will become part of Savvis, a Century Link company that offers cloud infrastructure and hosted IT services.  Savvis did not reply to requests for comment about the acquisition. AppFog Co-Founder and CEO Lucas Carlson would also not comment… Read More

  • CenturyLink Buys IT Infrastructure Services Company Savvis In $2.5B Deal

    CenturyLink this morning announced that it will acquire all outstanding shares of Savvis common stock in a cash and stock merger valued at $40 per share, or a total of approximately $2.5 billion, plus net debt of approximately $0.7 billion which will be assumed or refinanced at close. Under the terms of the transaction, Savvis stockholders will receive $30 per share in cash and $10 in shares… Read More

  • Savvis To Power Cloud-Based Private Data Centers For The Enterprise

    Savvis is launching Project Spirit, a cloud platform that will help deploy and power virtual private data centers in the cloud. Savvis has also announced that the Cisco Nexus 5000 and 7000 Series networking switches will serve as the virtualized network backbone for Savvis’ new product. And VMware vSphere 4, which launched this week, will serve as the virtualization platform for… Read More