SDXC Switch & Data Facilities Company, Inc. featured news, full reports, and detailed charts
Switch & Data Facilities Company, Inc. (SDXC) Wrap Up:
The words “Switch and Data”, “we”, “our”, “ours”, “us” and the “Company” refer to Switch & Data Facilities Company, Inc. This Annual Report on Form 10-K contains certain statements that are, or may be deemed to be, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and are made in reliance upon the protections provided by such acts for forward-looking statements. These forward-looking statements (such as when we describe what “will”, “may” or “should” occur, what we “plan”, “intend”, “estimate”, “believe”, “expect” or “anticipate” will occur, and other similar statements) include, but are not limited to, statements regarding future sales and operating results, future prospects, anticipated benefits of proposed (or future) acquisitions and new facilities, growth, the capabilities and capacities of business operations, any financial or other guidance and all statements that are not ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f02%2f28%2f0001193125-08-041852.html#FIS_BUSINESS"Switch & Data Facilities Co., Inc. (SDXC:NASDAQ)
Snapshot of Switch & Data Facilities Co., Inc. (SDXC)
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OPEN
$18.07
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PREVIOUS CLOSE
$18.30
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DAY HIGH
$18.35
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DAY LOW
$18.07
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52 WEEK HIGH
10/22/09 - $19.08
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52 WEEK LOW
11/21/08 - $3.92
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MARKET CAP
633.2M
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AVERAGE VOLUME 3 mo
560.7K
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DILUTED EPS TTM
$-0.18
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SHARES OUTSTANDING
34.6M
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SDXC Does Not Pay Dividends
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P/E TTM
NM
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| K = Thousands M = Millions B = Billions | ||
SDXC Top Compensated Officers
Executives, Board Directors
Key developments for Switch & Data Facilities Co., Inc. (SDXC)
Switch & Data Facilities Co. Inc. announced that Marcatel has established a presence in its 60 Hudson Street, NY site. Marcatel will use this new network point of presence (PoP) in one of New York's carrier hotels to expand the market reach of its transport and private line services to Mexico. Marcatel has also joined Switch and Data's PAIX(R) Internet exchange in New York to peer traffic directly with global content and Internet service providers to improve performance for its broadband customers in Mexico. Peering also provides Marcatel with additional network resiliency and provides an alternative to paid transit for a portion of its rapidly growing traffic volume.
Switch & Data Facilities Co., Inc. announced details of its plan to expand its data center capacity in Atlanta with its new site at 180 Peachtree Street. The company is expanding to meet the growing demand from existing and new customers in the market. Switch and Data will interconnect this new site to its existing Atlanta site providing immediate access to multiple network service providers. In September 2008, Switch and Data signed a lease for this site for total term of 15 years, including extensions. The new site is located in well interconnected building which is already in use for data center operations. This will add more than 79,000 gross square feet to Switch and Data's Atlanta Metro data center capacity, bringing total gross square feet to 106,000 in this market. The Atlanta market is an important regional hub where network-centric companies such as network service providers, content providers, and emerging technology start-ups interconnect their networks, store information, and distribute content to their customers. The site will be built to the Tier III Uptime Institutes' standards, which include full N+1 redundancy for the UPS, generator and cooling infrastructures. It will be provided with 24x7 security and remote technical support. The site will be built out in phases, in pace with customer demand. Phase one will provide 500 cabinet equivalents of capacity and is expected to be open for customers in the third quarter of 2010. The site will yield a total of 1,450 cabinet equivalents when all phases are complete.
Switch & Data Facilities Co. Inc. announced details of its plan to expand its data center capacity in Atlanta with its new site at 180 Peachtree Street. The company is expanding to meet the growing demand from existing and new customers in the market. Switch and Data will interconnect this new site to its existing Atlanta site providing immediate access to multiple network service providers. The new site is located in well interconnected building which is already in use for data center operations. This will add more than 79,000 gross square feet to Switch and Data's Atlanta Metro data center capacity, bringing total gross square feet to 106,000 in this market. The site will be built to the Tier III Uptime Institutes' standards, which include full N+1 redundancy for the UPS, generator and cooling infrastructures. It will be provided with 24x7 security and remote technical support. The site will be built out in phases, in pace with customer demand. Phase one will provide 500 cabinet equivalents of capacity and is expected to be open for customers in the third quarter of 2010. The site will yield a total of 1,450 cabinet equivalents when all phases are complete. The company will also offer its PAIX(R) Internet exchange service in its new Atlanta site. PAIX pioneered commercial Internet exchange and provides a simple and cost effective way for Internet service providers (ISPs), telecommunications companies, and content providers to peer their IP traffic to enhance performance and reduce cost. Switch and Data will offer distributed peering between its Atlanta Metro Area locations to maximize its customers' opportunities to reach important networks, partners and customers.
SDXC Competitors
| Company | Last | Change |
| Abovenet Inc | $53.57 USD | -2.24 |
| Internap Network Services Corp | $3.78 USD | +0.08 |
| NaviSite Inc | $1.97 USD | -0.02 |
| Peer 1 Network Corp | C$1.17 CAD | +0.02 |
| Terremark Worldwide Inc | $6.67 USD | +0.02 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | SDXC | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 3.2x |
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| Price/Book | 4.9x |
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| Price/Cash Flow | 18.5x |
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| TEV/Sales | 2.0x |
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SDXC |
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SDXC transactions
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Target |
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Merger/Acquisition
October 21, 2009 |
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More Recent News About Switch & Data Facilities Company, Inc.
More news for SDXC
SWITCH & DATA FACILITIES COMPANY, INC. Financials
PERIOD ENDING30-Sep-0930-Jun-0931-Mar-0931-Dec-08Total Revenue53,520 56,716 39,777 45,775 Cost of Revenue25,929 28,399 20,359 24,381 Gross Profit27,591 28,317 19,418 21,394 Operating ExpensesResearch Development - - - - Selling General and Administrative9,811 9,951 9,525 9,556 Non Recurring - 700 - - Others10,440 13,273 6,524 9,954 Total Operating Expenses - - - - Operating Income or Loss7,340 4,393 3,369 1,884 Income from Continuing OperationsTotal Other Income/Expenses Net(161)204 (484)(40)Earnings Before Interest And Taxes7,179 4,597 2,885 1,844 Interest Expense4,441 4,286 2,502 10,327 Income Before Tax2,738 311 383 (8,483)Income Tax Expense150 756 44 (1)Minority Interest - - - - Net Income From Continuing Ops2,588 (445)339 (8,482)Non-recurring EventsDiscontinued Operations - - - - Extraordinary Items - - - - Effect Of Accounting Changes - - - ...Click here to read the whole Article (external link)
Switch and Data Announces Details of its Plan to Expand its Atlanta Data Center Capacity
TAMPA, Fla.--(BUSINESS WIRE)--Switch and Data (NASDAQ: SDXC - News), a leading provider of network-neutral data center and Internet exchange services, today announced details of its plan to expand its data center capacity in Atlanta with its new site at 180 Peachtree Street. The company is expanding to meet the growing demand from existing and new customers in the market. Switch and Data will interconnect this new site to its existing Atlanta site providing immediate access to multiple network service providers. In September 2008, Switch and Data signed a lease for this site for total term of 15 years, including extensions. The new site is located in well interconnected building which is already in use for data center operations. This will add more than 79,000 gross square feet to Switch and Data’s Atlanta Metro data center capacity, bringing total gross square feet to 106,000 in this market. The Atlanta market is an important regional hub where network-centric companies such as network service providers, content providers, and emerging technology start-ups interconnect their networks, store information, and distribute content to their customers.The site will be built to the Tier III Uptime Institutes’ standards, which include full N+1 redundancy for the UPS, generator and cooling infrastructures. It will be provided with 24x7 security and remote technical support. The site will be built ...Click here to read the whole Article (external link)
SWITCH & DATA FACILITIES COMPANY, INC. Files SEC form 10-Q, Quarterly Report
Item 2: Management's Discussion and Analysis of Financial Condition and Results of Operations Management's Discussion and Analysis of Financial Condition and Results of Operations ("MD&A") is intended to provide a reader of our financial statements with a narrative from the perspective of our management on our financial condition, results of operations, liquidity, and certain other factors that may affect our future results. Our MD&A is presented in six sections: • Overview • Critical Accounting Policies and Estimates • Key Components of our Results of Operations • Results of Operations • Liquidity and Capital Resources • Recent Accounting Pronouncements This MD&A should be read in conjunction with the Consolidated Financial Statements and related Notes in Part I, Item 1, "Financial Statements." This MD&A should also be read in conjunction with the MD&A included in our 2008 Annual Report on Form 10-K. OVERVIEW Pending Merger with and into Equinix On October 21, 2009, we entered into an Agreement and Plan of Merger (the "Merger Agreement") with Equinix, Inc. ("Equinix") and Sundance Acquisition Corporation, a wholly-owned subsidiary of Equinix ("Merger Sub"). Pursuant to the terms of the Merger Agreement and subject to the satisfaction or waiver of the conditions therein, Merger Sub will merge with and into us, with us surviving as a wholly-owned subsidiary of Equinix (the "Merger"). Subject to the terms and conditions of the Merger Agreement, at the effective time of and as a result of the Merger, each of our outstanding shares of common stock (other than dissenting shares and shares held by us as treasury stock or owned by Equinix) will be converted into merger consideration that will consist of 0.19409 shares of Equinix's common stock, $19.06 in cash or a combination of shares of Equinix's common stock and ca...Click here to read the whole Article (external link)
Switch & Data downgraded by Merriman and Collins Stewart
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SoftCom Partners with Switch and Data to Focus on Growing Its Web Hosting and Business Communication Services
TAMPA, Fla.--(BUSINESS WIRE)--Switch and Data (NASDAQ: SDXC - News), a leading provider of network-neutral data center and Internet exchange services, announced today that SoftCom Inc., the leading provider of Web Hosting and Business Communication services has relocated its data center operations to Switch and Data’s 151 Front Street facility in downtown Toronto. SoftCom has decided to move its operations from a carrier’s datacenter and expects to benefit from improved cooling capacity to scale its operations, a choice of providers for better redundancy, and improved performance and reliability which will allow it to focus IT resources on new product development and customer support. S...Click here to read the whole Article (external link)
Integration team from Equinix coming to Switch and Data
ONLINE: home | business news | small business | sales & marketing | real estate | events | community | careers | city guide | advertise | about us | rss PRINT: subscribe | renew | advertise | book of lists | business intelligence | classifieds | v...Click here to read the whole Article (external link)
Switch and Data Introduces its Alliance Partners Practice
TAMPA, Fla.--(BUSINESS WIRE)--Switch and Data (NASDAQ: SDXC - News), a leading provider of network-neutral data center and Internet exchange services, today introduced its Alliance Partners Practice. Switch and Data has incubated this practice in a two-year collaboration with leading channel partners. The company supports its partners with a complete suite of online tools, partner certifications, and dedicated relationship managers designed to meet the unique needs of value added resellers (VARs), system integrators, and solutions providers. Switch and Data is now ready to expand the program and enroll additional Authorized Agents looking for new ways to generate reliable revenue, build stronger, more strategic customer relationships, and meet their customers’ unique infrastructure availability and latency requirements. Switch and Data’s Alliance Partners Practice helps its Authorized Agents tie together their customers’ infrastructure with industry-leading data center services in ways that address many partners’ most urgent challenges. These include solidifying customer relationships in a highly competitive environment, avoiding outages and downtime which can threaten customer relationships, and improving margins with new recurring revenue streams.The practice was designed and developed over a two year period with a group of charter partners which includes many of the leadi...Click here to read the whole Article (external link)