Service Properties Trust T.SVC

Primary Symbol: SVC

Service Properties Trust is a real estate investment trust. The Company operates through two segments: hotel investments and net lease investments. It owns a portfolio of hotels and net lease service and necessity-based retail properties. The Company owns over 221 hotels with approximately 37,000 rooms or suites located in over 36 states, in the District of Columbia, Ontario, Canada and San Juan, Puerto Rico. It owns approximately 752 service-oriented retail properties with over 13.3 million square feet located in approximately 42 states. The Company’s net lease portfolio is occupied by over 175 tenants, which is operating approximately 137 brands in over 21 industries. The Company's net lease portfolio is leased to tenants that include travel centers, quick service and casual dining restaurants, movie theaters, health and fitness centers, grocery stores, automotive parts and services and other businesses in service-oriented and necessity-based industries.

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Service Properties Trust > IBM Gets US Gov't Approval

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Post by mvgfwdon Nov 08, 2013 9:56am

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Post# 21888216

IBM Gets US Gov't Approval

Hello All,

Here is an article re: IBM getting US government approval for providing cloud based services.

Note the statement made in the seventh paragraph near the end of the article:

"The approval comes on the heels of a number of announcements in recent days by IBM, including a series of recently and soon-to-be-released big data analytics services and capabilties."

Could this be the IBM - SVC partnership discussed in the 3Q conference call?

Link to the article:

https://www.informationweek.com/government/cloud-saas/ibm-government-cloud-gets-fedramp-approv/240163718

Have a great weekend.

GLTA

B

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