WSJ reports on the rumors that Savvis is a takeover target.
NEW YORK (Dow Jones)--Savvis Inc. (SVVS) Chief Executive Jim Ousley said Wednesday that his company is generating more interest from bankers and inquiring parties as takeover speculation ramps up following recent deals in the data-storage sector.
Ousley acknowledged the company has had more strategic discussions than usual but isn't feeling pressure to act in the short term. He said Savvis will continue to operate just like it did before Verizon Communications Inc.'s (VZ) recent deal for rival Terremark Worldwide Inc. (TMRK) was announced.
Here is Savvis selling their capabilities.
