1999–2000 · Savvis

Bridge Information Systems and the Savvis IPO

Bridge Information Systems acquired Savvis in April 1999, combining its 18-city network with Bridge's global infrastructure into an 87-city IP and ATM network. On February 15, 2000, Savvis sold 17 million shares at $24, raising approximately $408 million at a reported market value of approximately $2.2 billion.

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