DIGITAL digest

WAM!NET Assets Purchased by SAVVIS

HERNDON, VA—SAVVIS Communications, an IP services provider, agreed to purchase the commercial business unit of WAM!NET Inc., a provider of content management and delivery services. Under the deal, SAVVIS will acquire certain assets and customers of WAM!NET in return for $3 million paid at closing, and additional consideration to be paid based on the revenue performance of the business unit.