Data Centers News

Monday, January 30, 2012

Fledgling Holyoke computer center gives $600,000 in grants
While it still has yet to have its own home built, the Massachusetts Green High Performance Computing Center in Holyoke is already giving out grants, announcing $600,000 seed grants going to seven research teams.

Wednesday, October 26, 2011

Holyoke computing center gets $14.5M from MassDevelopment
The planned Massachusetts Green High Performance Computing Center in Holyoke has won a $14.5 million New Markets Tax Credit from the state’s economic development arm, MassDevelopment.

Friday, October 14, 2011

Mass. AG’s office moves Holyoke data center forward
Attorney General Martha Coakley’s offce said Friday that it reached a deal with developers that should advance construction of a computing center in Holyoke.

Monday, August 22, 2011

DR firm Zerto brings in $15M Series B round
Business continuity and disaster recovery software provider Zerto, based in Israel and Waltham, reported today that it has completed a $15 million Series B round led by U.S. Venture Partners as a new investor and existing investors Battery Ventures and Greylock Partners.

Friday, July 29, 2011

Plexxi pulls in $20M more for stealthy networking business
Stealthy startup Plexxi Inc. continues to attract big money, landing $20 million in a new funding round for the New Hampshire company that is still silent about what it is working on.

Wednesday, July 27, 2011

ParElastic caps seed round at $2M
Waltham startup ParElastic Corp. has bumped up the $1.5 million seed round it announced in June to the planned cap of $2 million already.

Monday, July 25, 2011

Citrix doubles investment on IPO-bound GlassHouse
Citrix Systems Inc. has doubled its investment into data center services firm GlassHouse Technologies Inc. to $10 million, as GlassHouse readies for an initial public offering expected this quarter.

Monday, May 23, 2011

Windstream opens Charlestown data center
Cloud computing and managed hosting services provider Windstream Hosted Solutions LLC has opened a new data center in Charlestown, which adds 10,000 square feet of space to the company's footprint in Boston.

Friday, October 15, 2010

Blog: Acquisition rumors build and fizzle around EMC and Oracle
Kyle Alspach blogs: A rumor about Oracle seeking to buy EMC has fizzled after just a day, and with good reason. EMC won't comment on “rumor and speculation”; analysts agree it's just rumor; and a potential acquisition could spell regulatory trouble for Oracle.

Tuesday, October 5, 2010

EMC, Cisco back Holyoke data center with $5M
IT infrastructure providers EMC Corp. of Hopkinton and Cisco Systems Inc. of California and Boxborough are each paying $2.5 million of the estimated $80 million total cost for the high-performance data center in Holyoke.

Wednesday, August 18, 2010

PAETEC opens giant data center in Andover
PAETEC Holding Corp., a Fortune 1000 telecommunications company whose CEO has close ties to MIT, plans to open a massive new data center in Andover today.

Monday, August 16, 2010

NaviSite CEO Becker replaced by Borcherding
Data center hosting and cloud services provider NaviSite Inc. of Andover today announced that CEO Arthur P. Becker has stepped down and is being replaced by company president R. Brooks Borcherding. Becker will remain on the board of directors.
Mass. VC firms lead $48M data center funding
Three Massachusetts venture capital firms – Battery Ventures, Flybridge Capital Partners and Highland Capital Partners – have syndicated to co-lead a $48 million equity investment in Smooth-Stone Inc., a young, Austin, Texas-based data center technology company.

Wednesday, July 21, 2010

Can we reverse engineer our own human failures?
Think back to your childhood, those days when you just had to know how that remote-control car or toy walkie-talkie worked. If you’re like most tech junkies, you took it apart and tried to put it back together again.

Wednesday, June 23, 2010

Springfield Data Center work begins
State and local officials from western Massachusetts joined Gov. Deval Patrick yesterday in a ground-breaking ceremony for a $110 million data center to house state records and data systems in Springfield.

Wednesday, January 27, 2010

Egenera lands $2M from debt, equity sale
Egenera Inc., a developer of data-center management software, has raised $2 million through a debt and equity sale that closed Jan. 15 and involved six investors.

Monday, December 14, 2009

Interactive Data buys 7ticks for up to $51.2M
Interactive Data Corp. announced it has acquired electronic trading network firm 7ticks LLC for $30 million in cash, with the possibility of an additional $21.2 million stemming from performance milestones.

Friday, December 4, 2009

Energy efficiency firms target data centers
Bluestone Energy Services Ltd. of Norwell has inked a deal with technology developer AdaptivCool of Milford, N.H., to offer data center operators a chance to cut power usage in nearly every aspect of the building’s infrastructure.

Monday, November 30, 2009

IT firm Egenera takes lean business approach, names new CEO
Formed in 2000 to take on such data center giants as Hewlett-Packard and IBM, Marlborough IT company Egenera has spent the past year backing away from that battle and retooling for a more flexible approach.

Wednesday, October 21, 2009

Holyoke data center project targeted for 2011 completion
The high-performance data center planned by a coalition of universities and technology companies for Holyoke now has a target date of 2011 for construction and completion.