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CyrusOne has appointed Eric Schwartz as Chief Executive Officer, replacing Dave Ferdman, who has served as CyrusOne’s interim President & Chief Executive Officer since July 28, 2021. Mr. Ferdman, Founder of CyrusOne, will continue to work with the company and the team in the role of Board Member. For the past 16 years, Eric has […]
DigitalBridge Group announced the closing of the first stage of its previously announced recapitalization of its portfolio company DataBank, a leading nationwide edge data center platform. DataBank’s portfolio consists of more than 65 data centers, 20 interconnection hubs in more than 27 markets, on-ramps to an ecosystem of cloud providers, and a modular edge data […]
DigitalBridge Group will sell an equity stake in its DataBank company to a consortium led by Swiss Life Asset Management AG and EDF Invest. DataBank’s portfolio consists of more than 65 data centers, 20 interconnection hubs in more than 27 markets, on-ramps to an ecosystem of cloud providers, and a modular edge data center platform. […]
Funds managed by KKR, a leading global investment firm, and Global Infrastructure Partners, completed their previously-announced acquisition of CyrusOne for $15 billion in cash. “Closing this transaction begins an exciting new chapter for CyrusOne as we continue our global expansion with the benefit of significant resources and expertise that KKR and GIP are able to […]
CyrusOne reported revenue of $256.4 million for the second quarter, compared to $251.5 million for the same period in 2019, an increase of 2%. The increase in revenue was driven primarily by a 7% increase in occupied CSF, lease termination fees totaling $3.0 million, and additional interconnection services, partially offset by the impact of equipment […]
Science Applications International Corp. (SAIC) will relocate one of its two data centers to a CyrusOne data center in Northern Virginia by the first half of 2019. “During the past seven years, CyrusOne and SAIC have developed a strong relationship that will continue to grow with our new long-term lease agreement,” said SAIC Chief Information […]
