NEW YORK, June 23, 2010 – Savvis, Inc. (NASDAQ: SVVS), a global leader in cloud infrastructure and hosted IT solutions for enterprises, today announced the completion of the NJ2X expansion to its premier financial services data center complex in Weehawken, N.J. The combined facilities allow Savvis to accommodate growing client demand for proximity hosting, Internet infrastructure services and connectivity to global financial exchanges in the New York-New Jersey financial hub.
Located adjacent to NJ2, the expansion currently features 22,000 sellable square feet with a potential additional expansion capacity of 40,000 sellable square feet. The additional space allows Savvis to deploy high-performance hosting and low latency financial exchange connectivity for the financial services industry.
The $23 million NJ2X expansion has direct fiber connection between the buildings, allowing clients to host trading applications at several liquidity centers through Savvis proximity hosting solutions. It also gives clients access to other Savvis solutions such as web hosting, storage and cloud computing.
Major financial firms, including BATS Exchange, Barclays Capital, Thomson Reuters and UBS, already use the complex for their infrastructure needs and contribute to the rich trading ecosystem available to clients in this and other key Savvis financial data centers. The NJ2 data center complex currently hosts two of the top four displayed, and five of the top 10 non-displayed, liquidity venues in the U.S., representing more than 25 percent of average daily trading volume.
“The opening of NJ2X provides current Savvis clients the opportunity to expand their existing space and gives the company room to add new clients,” said Jim Ousley, chief executive officer of Savvis. “This addition strengthens an already solid financial data center complex and enhances Savvis’ leadership in financial markets.”
Savvis currently operates 31 data centers around the world, encompassing more than 1.5 million square feet of raised floor space designed to support enterprise IT operations.
Savvis, Inc. (NASDAQ: SVVS) is a global leader in cloud infrastructure and hosted IT solutions for enterprises. More than 2,500 unique clients, including 30 of the top 100 companies in the Fortune 500, use Savvis to reduce capital expense, improve service levels and harness the latest advances in cloud computing. For more information, please visit www.savvis.net.
Peggy Reilly Tharp