Friday, June 29, 2007

Microsoft Pays $200M for Santa Clara Data Centers

Via The Silicon Valley/San Jose Business Journal.

Savvis Inc. said on Friday it has sold assets in two adjacent data centers in Santa Clara to Microsoft Corp. for $200 million.

As part of the sale, Missouri-based Savvis said the service contract with Microsoft for the facilities terminates as of the end of June 2007.

Microsoft has been the sole customer in the data centers under the terms of a Savvis colocation contract due to expire at the end of 2010.

More here.

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