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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.


NDAQ:SVC - Post by User

Post by 1hot-techwomanon Apr 26, 2017 2:39pm
247 Views
Post# 26169892

Wow thats new? Mid afternoon news !!!!!!

Wow thats new? Mid afternoon news !!!!!!Looks like Virtual Solutions are almost set to go !!!! Sandvine Upgrades to McObjects eXtremeDB MKTW Sandvine Upgrades to McObjects eXtremeDB NEW YORK, NY and LONDON, UNITED KINGDOM--(Marketwired - April 26, 2017) - McObject(R), developer of the ultra-fast eXtremeDB(R) database management system, announced today that Sandvine (TSX: SVC) is the latest client to choose eXtremeDB as an embedded database component. Sandvine is a leading provider of intelligent broadband network solutions for fixed and mobile communications service providers (CSPs). The company's products provide CSPs with actionable business insight, and the ability to deploy new consumer and business subscriber services, optimize and secure network traffic, and engage with subscribers. The implementation of eXtremeDB supports Sandvine's objective to continuously improve the performance, scalability and reliability of its platform. Brad Siim, Chief Operating Officer of Sandvine, commented: "Reliability is absolutely critical to our customers, which was one of the key reasons for choosing McObject's eXtremeDB. During the evaluation process it became clear that McObject would enable us to meet our commitment to excellence, both now and in the future. CSPs around the world have used Sandvine's products to power innovative subscriber service plans and to fulfill other policy control needs; it is critical that they have access to the best technology. I am confident that with McObject we will significantly raise the bar as our customers design their networks under Network Functions Virtualization (NFV) and its inherent performance, reliability and scalability needs. We look forward to working closely with McObject." Steve Graves, CEO and founder of McObject, commented: "Sandvine is a great win for McObject: it's a high-demand user and we are very proud to have another sophisticated client embed eXtremeDB into its platform. We are delighted that Sandvine fully understands how to make the best use of our high-availability and clustering features." Please visit us at booth S4 at the Internet of Things Developers Conference 26-27 April
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