Savvis Hangs On, Closes $366M Pact With Reuters
NETWORKING SOLUTIONS
HERNDON, Va.--As expected, Bridge spinoff Savvis has reached an agreement with the US subsidiary of Bridge acquirer Reuters. The five-year deal will provide networking services to customers of the Bridge businesses acquired by Reuters and produce a minimum total of $366 million for Savvis.
The agreement, which will commence when the acquisition of Bridge is closed later this year, calls for Reuters to provide a minimum of $8 million per month in the first year; $7.5 million per month in the
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com