12:10 PM EST - PEER 1 Hosting : announced today the company has begun build out on a 50,000-square-foot green datacenter in Portsmouth, U.K. Rather than building out large datacenter spaces all at once, the Portsmouth datacenter will incorporate a POD design (Performance Optimized Datacenter). The first of four POD stages is scheduled for completion in the fall of 2011 at an initial cost of £10 million. PEER 1 Hosting
shares T.PIX are trading down $0.06 at $1.85.
