Coreix Managed Servers

Rackspace posts 21% profit for first quarter

Rackspace Hosting has announced its results for the first quarter of 2009. The San Antonio-based Web hosting company reported net income of US$6.6 million, up 21% from the same quarter a year ago.

Rackspace reported net revenues of US$145.1 million, up 21% from the same quarter a year ago. The depreciation of the pound sterling resulted in a negative impact of US$3.2 million on its revenue. The company gets 24% of its revenue generated in pounds from its operations in the United Kingdom.

Source: My San Antonio

Web hosting organization UK2 Group have announced the successful acquisition of Virtual Internet (UK). The acquisition of VI.net is a strategic fit for growing UK2’s footprint in the UK market, but will offer the opportunity to build the VI.net service in both the UK and the US.

The VI team have created a company with an unparalleled level of service in their market. Peter Rees, outgoing Managing Director of VI.net remarked, “Our business has been built on delivering outstanding customer service through a highly motivated team of exceptional people. I am confident that the acquisition by UK2 will allow the customer to feel confident about VI’s future going forward and will offer the team the opportunity to build the business into a market dominating brand.”

Source: My Host News
Full article here

About half of data centres are responding to the economic crisis by cutting their budgets an average of 15% for 2009, according to a new survey by the AFCOM Data Center Institute.

While the overall cuts were “surprising low” in the view of Jill Eckhaus, the CEO of the Association for Computer Operations Management (AFCOM), she said she doesn’t want to minimize the impact those cuts will have on the 49% of affected data centres. Eckhaus said the low number of data centres making cuts indicated their importance to the businesses. And while half are cutting, the budgets for the remainder are staying the same or going increasing. That’s important, because it wasn’t long ago when data centres “used to be known as the money pit,” she said.

Source: Computer World
Full article here