Data Centers News

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.

Friday, September 11, 2009

Big competitors spark Netezza’s partner-friendly strategy
Facing serious competition from tech giants Microsoft and Oracle for the first time, Netezza Corp. has changed its technology, hoping the strategy allows it to expand its reach by working more closely with partners.

Friday, June 26, 2009

How I See It: Connecticut wants to be home to your data centers
The state of Connecticut has great natural resources, a long history of entrepreneurship, and as they say in the real estate business, location, location, location. Abundant water power, timber and access to domestic and overseas markets made Connecticut a manufacturing powerhouse during the 19th and 20th centuries.

Thursday, June 18, 2009

Interactive Data finishes Boxborough data center expansion
Interactive Data Corp. said it has completed the expansion of its East Coast data center in Boxborough.The 50,000 square-foot facility was upgraded to not only increase server and storage capacity, but to upgrade the center’s power and cooling infrastructure.

Friday, April 10, 2009

Wave Systems seeks $1M in stock sale
Data security developer Wave Systems Corp. has announced the sale of 1.9 million shares of common stock, valued at a total of $1 million. Proceeds from the sale will help fund company operations.

Friday, April 3, 2009

Data storage firm Sepaton scores a $15M funding
Marlborough-based Sepaton Inc., a maker of tapeless data storage and backup technologies, has closed a $15.5 million Series F round of funding, bringing its total raised to $82 million since its inception in 2001.

Wednesday, February 25, 2009

Netezza nabs Tizor Systems
Metrowest data management companies Netezza Corp. of Marlborough and Tizor Systems Inc. of Maynard are now one, as Netezza has acquired the data center auditing and protection company for an undisclosed amount.

Friday, February 20, 2009

Mixed reception to Mass. data regs changes
The state hopes changes to Massachusetts’ data privacy regulation plan will calm business community fears over the cost of the new controls, but watchers of the process say the government may have made things worse.

Thursday, February 5, 2009

Internap opens new data center, lands Carbonite as client
Data center and Internet hosting company Internap Network Services Corp. opened its second facility in the Boston area today, increasing its available hosting space locally and landing online backup company Carbonite Inc. as its anchor tenant.

Friday, December 5, 2008

Inside Real Estate: Establish an energy-efficient data center
Data centers are critical components of many organizations, and for companies interested in “greening” their facilities, they are a good place to start. Manufacturers of equipment and controls for computing, cooling and power are responding with new technologies to improve the energy efficiency and environmental impact of data center operations.

Monday, December 1, 2008

Viridity Software pulls in $7M Series A funding
Amesbury startup Viridity Software Inc. has raised $7 million in a first financing round with investment from Waltham firms Battery Ventures and North Bridge Venture Partners, according to Viridity officials.
Wave Systems cuts majority of WaveXpress staff
Wave Systems Corp. will lay off about 12 employees at WaveXpress, cutting its majority-owned subsidiary down to two or three staff, a spokesman said. Headquartered in New York with offices in California, WaveXpress provided the TVTonic consumer media service.

Wednesday, November 26, 2008

Jit Saxena resigns as Netezza revenue increases 50 percent
Data warehouse server maker Netezza Corp., of Marlborough, reports the company had a 51 percent revenue increase this quarter, while also announcing the resignation of CEO Jit Saxena and placement of Jim Baum as the new CEO.

Tuesday, November 18, 2008

AutoVirt adds $4M to advance data migration tech
Nashua, N.H.’s AutoVirt Inc., a maker of online data migration software for Windows operating systems, has added $4 million to its coffers through a second round of private funding.

Monday, November 17, 2008

EMC launches new data security firm, Decho
Enterprise software giant EMC Corp. has spun off recent acquisitions Mozy Inc. and Pi Corp. into a new personal data security company to be called Decho Corp. The company will be a wholly owned subsidiary of Hopkinton-based EMC, officials said.

Friday, November 14, 2008

Deadline extended for Mass. data privacy regs
The Massachusetts Office of Consumer Affairs and Business Regulations has announced an extension to state data privacy regulations, now set to go into effect May 1, 2009. Compliance with data encryption standards was originally scheduled to begin on Jan. 1, 2009.