Coreix Managed Servers

Telecity Group, the data centre operator that hosts Sony Corp.’s European PlayStation servers, may pay its first dividend since its public listing in October 2007, Chief Executive Officer Michael Tobin said.

“We’re in a position to consider paying a dividend, and we want to do something to set a trend,” Tobin said in an interview in London. He didn’t specify when a payout may occur. The company reported net income of £25.3 million last year - its first profit - as revenue surged 36%.

The need for data centers is rising across Europe as people turn to the Internet to watch videos, share photos and shop, the executive said. Demand for space worldwide climbed 14 percent last year, while supply increased 6 percent, according to an industry report by Tier1 Research. U.K. viewers watched more than 2 billion videos on Google Inc.’s YouTube in January alone, a Comscore Inc. survey found.

Telecity rose 18.25 pence, or 6.6 percent, to 294 pence in London trading, the highest since January 2008. The stock has gained 67 percent this year, giving the company a market value of 582 million pounds.

Source: Bloomberg

iomart accelerates managed hosting growth with acquisition of RapidSwitch

iomart group has acquired the entire issued share capital of RapidSwitch Limited, a managed hosting provider and currently ranked by Deloittes as the 10th fastest growing technology company in the UK, for £4.3 million cash on completion with a further £0.95 million payable on 31st March 2010.

The company is focussed on delivering highly reliable managed hosting solutions for its clients. RapidSwitch currently manages over 4,000 dedicated servers on behalf of 1,600 clients ranging from SMEs through to large corporate. For the year to March 2008 revenues grew from £1.4 to £2.6 million and EBITDA was £760k. Similar rates of revenue growth have been maintained through to March 09.

Source: iomart

Parallels have announced the latest patch for Parallels Plesk Panel 9.2 which is now available for download. This release will also available through auto-update.

This point release includes a number of version upgrades and bug fixes. Key areas of improvement include email greylisting, migration utilities for all previous versions of Parallels Plesk Panel and also Cpanel. Also included are stability of upgrades from Parallels Plesk Panel 9.0. For a full list of new features and bug fixes, please refer to the release notes for the appropriate version.

Parallels Plesk is available on all Coreix Linux and Windows Dedicated Servers.

Dell has announced a partnership with the company that will see Dell use its 6Sigma DC virtual data centre modeling tools in its efforts to peddle products and services. These days, IT shops are not just looking to replace servers and storage to support more workloads or just make existing ones go faster. They want help reducing costs on the IT infrastructure as well as the means of improving efficiencies and reducing costs in the facilities that wrap around that infrastructure.

Albert Esser, vice president of power and infrastructure solutions at Dell’s Product Group says that the company does not have the luxury of doing data centre engagements with “armies of consultants,” as IBM and HP can certainly do. It will instead rely on tools to assess current data centers and then model changes to them to see the effect of new gear, new cooling gadgetry, and other technologies inside the data centre before the customer commits to the plan.

Source: The Register

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
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