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Savvis
Savvis is a subsidiary of Lumen Technologies (formerly CenturyLink) that sells managed hosting and colocation services headquartered in Town and Country, Missouri. The company owns more than 50 data centers spread across North America, Europe, and Asia and provides information technology consulting. Savvis has approximately 2,500 unique business and government customers.
Savvis was founded in November 1995 under the name DiamondNet by CTO/COO Timothy Munro Roberts and CEO Andrew Gladney. The two met in the St. Louis area in 1994 where both lived, with Roberts working for a computer store and Gladney as a customer. Gladney provided the initial capital ($600,000 to $1 million, according to different sources) in return for a 75% stake in the startup, with Roberts’ stake being the remaining 25%.
Gary Zimmerman was recruited by Roberts from SBC Communications Inc. to become vice president of engineering at Savvis in November 1995. He built out Robert's first national network design. The authentic network design was unique within the industry at the time it became fully operational, and there was significant coverage and discussion in the trade press regarding both the network and its architect, Roberts. In 2001, the last year in which Robert's original design was in use, Savvis was ranked the #1 fastest Backbone Network by Keynote Systems, an independent network ratings service.
Roberts closed a revenue contract with Apple Computer, Inc. as their first large customer, dealing with David Zimmerman and Marty Suzuki at Apple's Cupertino headquarters. By leveraging the Apple Computer customer reference and testimonials, the company was able to close additional large contracts with other industry providers, and it quickly gained wide industry recognition.
During this growth spurt, the company attracted the notice of St. Louis' Gateway Venture Partners, who subsequently invested millions of dollars. After the Gateway investment, Sam Sanderson, former CEO of Rogers Cable, was brought to helm the company. Sanderson brought much needed support to the company, closing substantial contracts and placing the company into a marketing position. Contemporaneously, Bob Murphy was named to the chief financial officer position (Murphy was previously the CFO of Williams Communications). Murphy in turn attracted additional capital, and a sound financial management team.
In 1997, Roberts left the company, and Gladney left his position as CEO to become vice chairman. Gladney's relationship with Savvis ended shortly thereafter in 1999. By the time of the company's IPO (in 2000), Gladney's stake was 1% of the outstanding shares.
In 1999 Savvis was acquired by Bridge Information Systems. After a year as a Bridge Company, Savvis was spun off by Bridge as a public company. Savvis' February 2000 initial public offering (IPO) was listed on the NASDAQ stock exchange as "SVVS". Since its IPO, Savvis has grown both organically and through strategic acquisitions. In 2002, Savvis purchased WAM!NET, a content management and media application service, followed in 2003 by a purchase of the hosting operation and customers of Intel Online Services. In 2004 the company purchased the assets of Cable & Wireless America which included 15 data centers and the customers of Exodus Communications, the Tier-1 Internet backbone previously owned by MCI, the content delivery network (CDN) from Digital Island, and a significant professional services organization for $155 million in cash and assumed liabilities of approximately $12.5 million.
In 2005, Savvis announced a change in its name from Savvis Communications Corporation to Savvis, Inc. to reflect company expansion from network services to Global IT services. Until January 21, 2014, Savvis was referred to as Savvis, a CenturyLink company, an autonomous managed-hosting entity under the CenturyLink umbrella. In early 2014, the company name was changed to CenturyLink Technology Solutions, in order to better align the Savvis business unit and the CenturyLink parent company. In early 2015 CenturyLink Technology Solutions was fully absorbed within CenturyLink's IT Services group, it is now unified under one name "CenturyLink".
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Savvis
Savvis is a subsidiary of Lumen Technologies (formerly CenturyLink) that sells managed hosting and colocation services headquartered in Town and Country, Missouri. The company owns more than 50 data centers spread across North America, Europe, and Asia and provides information technology consulting. Savvis has approximately 2,500 unique business and government customers.
Savvis was founded in November 1995 under the name DiamondNet by CTO/COO Timothy Munro Roberts and CEO Andrew Gladney. The two met in the St. Louis area in 1994 where both lived, with Roberts working for a computer store and Gladney as a customer. Gladney provided the initial capital ($600,000 to $1 million, according to different sources) in return for a 75% stake in the startup, with Roberts’ stake being the remaining 25%.
Gary Zimmerman was recruited by Roberts from SBC Communications Inc. to become vice president of engineering at Savvis in November 1995. He built out Robert's first national network design. The authentic network design was unique within the industry at the time it became fully operational, and there was significant coverage and discussion in the trade press regarding both the network and its architect, Roberts. In 2001, the last year in which Robert's original design was in use, Savvis was ranked the #1 fastest Backbone Network by Keynote Systems, an independent network ratings service.
Roberts closed a revenue contract with Apple Computer, Inc. as their first large customer, dealing with David Zimmerman and Marty Suzuki at Apple's Cupertino headquarters. By leveraging the Apple Computer customer reference and testimonials, the company was able to close additional large contracts with other industry providers, and it quickly gained wide industry recognition.
During this growth spurt, the company attracted the notice of St. Louis' Gateway Venture Partners, who subsequently invested millions of dollars. After the Gateway investment, Sam Sanderson, former CEO of Rogers Cable, was brought to helm the company. Sanderson brought much needed support to the company, closing substantial contracts and placing the company into a marketing position. Contemporaneously, Bob Murphy was named to the chief financial officer position (Murphy was previously the CFO of Williams Communications). Murphy in turn attracted additional capital, and a sound financial management team.
In 1997, Roberts left the company, and Gladney left his position as CEO to become vice chairman. Gladney's relationship with Savvis ended shortly thereafter in 1999. By the time of the company's IPO (in 2000), Gladney's stake was 1% of the outstanding shares.
In 1999 Savvis was acquired by Bridge Information Systems. After a year as a Bridge Company, Savvis was spun off by Bridge as a public company. Savvis' February 2000 initial public offering (IPO) was listed on the NASDAQ stock exchange as "SVVS". Since its IPO, Savvis has grown both organically and through strategic acquisitions. In 2002, Savvis purchased WAM!NET, a content management and media application service, followed in 2003 by a purchase of the hosting operation and customers of Intel Online Services. In 2004 the company purchased the assets of Cable & Wireless America which included 15 data centers and the customers of Exodus Communications, the Tier-1 Internet backbone previously owned by MCI, the content delivery network (CDN) from Digital Island, and a significant professional services organization for $155 million in cash and assumed liabilities of approximately $12.5 million.
In 2005, Savvis announced a change in its name from Savvis Communications Corporation to Savvis, Inc. to reflect company expansion from network services to Global IT services. Until January 21, 2014, Savvis was referred to as Savvis, a CenturyLink company, an autonomous managed-hosting entity under the CenturyLink umbrella. In early 2014, the company name was changed to CenturyLink Technology Solutions, in order to better align the Savvis business unit and the CenturyLink parent company. In early 2015 CenturyLink Technology Solutions was fully absorbed within CenturyLink's IT Services group, it is now unified under one name "CenturyLink".