A screenshot from a video tour of QTS’s Atlanta Metro data center (WEB HOST INDUSTRY REVIEW) — Data center operator Quality Technology Services ( www.qualitytech.com ) announced on Tuesday that its lenders ING Capital and Caterpillar Financial Services have increased the capacity of its revolving credit by $45 million, bringing the total to $170 million. The credit facility, established in September of 2010, is secured against the company’s Atlanta Metro Data Center asset, which the company describes as the second-largest data center in the world. The credit facility will also include an accordion feature to increase the amount up to $250 million in the future.

Firehost founder and CEO Chris Drake at the WHIR’s Dallas event (WEB HOST INDUSTRY REVIEW) — Web hosting provider FireHost ( www.firehost.com ) announced on Tuesday it has named Bruce MacFadyen to chief operating officer.

A diagram of the infrastructure behind DynamicOps Virtual Resource Manager software for virtual desktops (WEB HOST INDUSTRY REVIEW) — Cloud automation software provider DynamicOps ( www.dynamicops.com ) announced on Monday it has closed $11 million in venture funding.  The Series B round was led by Sierra Ventures. Next World Capital participated, joining Credit Suisse’s Next II venture group in ownership.

A global map of Terremark’s data center locations (WEB HOST INDUSTRY REVIEW) — IT infrastructure provider Verizon Communications ( www.verizon.com ) announced on Thursday it will acquire cloud services provider Terremark ( www.terremark.com ) for $1.4 billion.  Verizon says it will likely begin the tender offer between February 10 and February 17 for all shares of common stock of Terremark, which is a total of 35 percent per share over Thursday’s closing price. Terremark’s board of directors unanimously approved the deal, as it was also approved by the directors of Verizon present and voting.

Rackspace Hosting to Present at Credit Suisse Technology Conference in December Web Host News – SAN ANTONIO – Rackspace(R) Hosting, Inc. (NYSE: RAX) announced that Jason Luce, vice president of finance, and Bryan McGrath, director of finance, will present at the Credit Suisse 2010 Annual Technology Conference in Scottsdale, AZ on December 1, 2010 at 1:45 p.m. Mountain Time.

Click here to RSVP to WHIR Events: Denver – Aug 26, 2010 Phoenix – Sept 23, 2010 Washington, DC – Oct 21 Five Most Recent Posts News: Web Hosting Sales and Promos Roundup – July 9, 2010 News: Q&A: Strangeloop President Joshua Bixby On Site Optimization News: Savvis Secures $625M Credit Loan News: SiteGround Launches New WordPress Theme News: BlackSun Announces Edmonton Indy Car Sponsorship (WEB HOST INDUSTRY REVIEW) — Managed hosting provider Savvis ( www.savvis.net ) announced on Friday it has secured a raise of about $625 million, consisting of a $550 million term loan and a $75 million revolving credit facility. Savvis says it will use the proceeds from this to repay its debt, including repurchase of about $345 million in outstanding securities and a repayment of $150 million under its revolving credit loan.

Click here to RSVP to WHIR Events: Boston – June 17, 2010 Denver – Aug 26, 2010 Phoenix – Sept 23, 2010 Five Most Recent Posts News: Fiber Channel Switch Market Segments Post Mixed Results in Q1: Dell’Oro Group Blogs: WHIR tv Interviews Hostway and Attracta News: Atmail Releases Version 6.1.8 of Email Server Software News: IBM Unveils New Systems Designed to Help IT Departments Deal with Information Overload News: DRT Announces Pricing of Common Stock Offering (WEB HOST INDUSTRY REVIEW) — Data center operator Digital Realty Trust ( www.digitalrealtytrust.com ) announced on Thursday it has priced an offering of 6 million shares of common stock at $57 per share.