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In
1995, a financial information company called Bridge
had a business problem: How to collect financial
information from around the world, consolidate that
information, and deliver it as part of a powerful
trading system to hundreds of thousands of
terminals. The big IT and telecom suppliers of the
time could not provide a solution to meet Bridge’s
requirements. So Bridge built a real-time
infrastructure that extended to 45 countries and
delivered high reliability to trading terminals at
excellent price points.
Around the same time, DiamondNet was formed to fix
the Internet performance problem by building a
better Internet that avoided the public networking
points that often got bogged down or targeted by
viruses.
In 1996, DiamondNet changed its name to Savvis, and
in April 1999, Savvis was acquired by Bridge. The
combination of Bridge’s global, high-performance,
secure private IT infrastructure and Savvis’
high-performance Internet represented a new breed of
IT that attracted the interest of customers and Wall
Street. Savvis made its initial public offering
(IPO) in February 2000 and acquired the combined IT
structure simultaneously with its IPO.
Since that time, Savvis has grown significantly,
both organically and through acquisition. In 2002,
when Intel decided to exit the hosting business,
Savvis was selected by Intel to provide hosting and
network services to their clients. In 2003, Savvis
acquired the commercial business of WAM!NET and
gained a significant footing and powerful
application tools for the media and entertainment,
print and publishing, retail, and consumer goods
verticals. In 2004, Savvis acquired the assets of
Cable & Wireless USA, which included 3,000 marquis
enterprise customers, 15 data centers, and
significant consulting experience from Exodus
Communications, a Tier 1 backbone. Today, Savvis has
over 2,000 employees and 28 data centers.
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