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Short Take: Exodus, Global Crossing sign network deal

Corporate Web hosting firm Exodus Communications will buy additional backbone network capacity from the U.S. subsidiary of Global Crossing, an international fiber optic telecommunications carrier. The deal, valued at $105 million, calls for Global Crossing to provide 5.1 gbps (gigabits per second) of capacity to connect future Exodus data centers in Europe, Japan, and the United States. Exodus hosts Web sites for some of the Internet's largest companies.

Corporate Web hosting firm Exodus Communications will buy additional backbone network capacity from the U.S. subsidiary of Global Crossing, an international fiber optic telecommunications carrier. The deal, valued at $105 million, calls for Global Crossing to provide 5.1 gbps (gigabits per second) of capacity to connect future Exodus data centers in Europe, Japan, and the United States. Exodus hosts Web sites for some of the Internet's largest companies.