Time to catch up on a few of the goings-on with clouds and data centers this week:
Yesterday saw two cloud wins for Equinix (NASDAQ:EQIX, news, filings) from opposite sides of the globe. In Amsterdam, the longtime Dutch ISP Cyso has moved into Equinix’s brand new AM2 facility in Amsterdam. From there Cyso will expand its cloud services offerings. And down under at Equinix’s Sydney IBX, managed services provider Harbour IT is expanding its presence in order to increase its cloud capabilities in response to customer demand. Equinix has been advancing on many fronts internationally all year, busy busy busy.
A few thousand miles to the north, Digital Realty Trust (NYSE:DLR, news, filings) completed its acquisition of a 370,500 square foot colocation facility in the Jurong East area of Singapore. Next up is an investment of SGD50M, or about $38M, to prepare the facility for customers. Plans are to have it ready for occupancy sometime in Q2 of next year.
Back in Amsterdam, Telecity Group (LON:TCY, news, filings) announced that it is building a new datacenter, which will make five for the company there. The new facility will have 6,000 square meters (or 64K square feet) and 9MW of power, and will be ready in Q4 of 2011.
On the financial front, Savvis (news, filings) [a subsidiary of CenturyLink (NYSE:CTL, news, filings)] offered 2011 guidance at its investor day on Wednesday. The infrastructure and cloud provider expects revenue of $1.03-1.06B, adjusted EBITDA of $265-290M, and total capex of $220-240M. That would correspond to about 11-14% growth over 2010 with EBITDA margins edging up above 25%. That’s basically what the street seems to have been projecting, so no real surprises here. But it’s nice to see Savvis more solidly on a growth footing now. Also this week, Savvis’s largest investor, Welsh, Carson, Anderson, and Stowe, revealed that it will distribute 5M shares to investors in its VIII fund.
And finally, managed hosting and cloud provider Navisite (NASDAQ:NAVI, news, filings) [a subsidiary of Time Warner Cable (NYSE:TWC, news)] reported results for its first fiscal quarter of 2011, which ended on October 31. Revenues of $33.4M were up 2% sequentially while EBITDA rose 7% to $7.7M. Not including charges related to the recent departure of their former CEO, loss per share was $0.04 – a bit worse than expected. None of this seems to have surprised anyone – which is a good thing in generally pessimistic times.
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