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Exodus Files For Chapter 11 Protection

Posted by ryuzaki0 on from the who's-protecting-your-online-data dept.

rit writes: "Albeit a bit expected, it is shocking to find that Exodus Communications has gone ahead and filed for bankruptcy. Exodus is one of the largest hosting facilities, and their major competitor, Above.net (owned by MetroMedia Fiber) is in pretty much the same boat ... circling the metaphorical drain of the dot-com world." Note that filing for protection from creditors while reorganizing is not the same as hanging up a big "closed" sign -- Exodus is still operating, and hopefully will be able to keep the LEDs turned on for a good long while (since Slashdot is hosted there).

4 of 266 comments (clear)

  1. Funny how IBM... by Anonymous Coward · · Score: 0, Insightful

    ...has hosting facilities right next door to Exodus in a lot of cities. Makes it easy to "walk next door", perhaps?

  2. lets be honest by Johnny5000 · · Score: 2, Insightful

    how many of us are going to be crying ourselves to sleep at night if the commercialization of the internet ends and it's back to the way it used to be in the good old days?

    I hate to see Exodus go out of business as much as anyone else, but to make an omlette...

    -J5K

    --
    The libertarian solution to the failures of capitalism is to apply more capitalism til the failures are fixed.
  3. seemed a little ostentatious by Sonic-B-PHuCT · · Score: 4, Insightful

    I used to do some work for clients who had their systems at exodus and I found that it all seemed a little over the top. I've never understood why a datacenter needs 12 confrence rooms (or any for that matter... it's an OutSourced Datacenter, not a Marriot), bullet proof glass in the lobby, redundancy beyond reason - generators with enough fuel and power to run for 120 days at FULL load???? If the power is down for 6 months, chances are there's more important things to deal with than your website.
    Also, when I was shopping around for my own hoster, Exodus (while _extremely_ nice) didn't even bother trying to price within a budget. It was if they had been so used to getting blind VC money, that they didn't even understand the phrase, "I can't afford that." I don't know, just my opinion....

  4. It's called Risk Management. by mindstrm · · Score: 4, Insightful

    If your website is important to your business, and is hosted somewhere, then by definition, the financial stability of that 'somewhere' is something you have to pay attention to.

    Just as with manufacturing, where not only do you source your parts, but you find a second-source for them as well, and also verify that THOSE sources are not using the same supplier... etc, etc. You find two sources that are as independent as possible, even going out to making sure the raw materials are coming from different parts of the world. Why? So a disaster somewhere along the line doesn't stop your business.
    Running a website is no different. You need to be able to move to a new location, or even have a second location set up already, in case of a problem.