Cyxtera gets $50m lifeline, reaches new agreement with debtors, is forced to seek sale or new investment
Find a buyer or file Chapter 11 and transfer ownership, lenders decree
Find a buyer or file Chapter 11 and transfer ownership, lenders decree
Good times continue despite cloud slowdowns for everyone except Cyxtera
Sungard continues sell-off post-bankruptcy
Company gains two sites in Baton Rouge and one in Shreveport
Terms of deal not shared
Company says filing will allow it to restructure to a 'standalone cloud business'
Company also completes San Diego expansion project
Latest move in restructuring process
Marguerite-owned company raises funds from Kommunalkredit
Model9 offers cloud alternative to tape storage
GCP posts $191 million profit after 15 years against revenue of $7.4 billion
Nantong-based company specializes in dry-type transformers
New facility gives company ‘considerable firepower’ to build and buy across Europe
Company to launch two more cloud regions with funding
Looming debt maturities force company to consider options
Company also closes on more cell towers
Company ties interest rates to energy and water efficiency goals
Earnings grow, losses widen for quantum computing companies in 2022
Company aiming to create ‘Internet exchange points for space-to-space data’
Company's third buy of 2023
9MW facility sold for $150 million
Terms of the deal not shared, but estimated to be worth around $3.8 billion
GPU leader Koduri’s generative AI startup wants access to large amounts of compute
Company raised more than $1 billion in 2023