Investing

Cloud Storage Specialist Panzura Raises $25 Million

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Cloud storage company Panzura closed a $25 million Series D funding round led by late-stage funding experts. The financing will help the company expand its international sales presence and scale sales and marketing in the United States and elsewhere. Read More

M & A Frenzy For Cloud Companies

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Spending is rampant this spring, as technology companies are opening up their checkbooks to make acquisitions and finance innovation. Salesforce.com acquires ExactTarget, Intel invests to spur innovation in human-like sensing technology, and Yahoo made a bold move in purchasing social-blogging platform, Tumblr. Read More

Internap Leads Data Center Stocks in First Quarter

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Internap was the best performing data center stock in the first three months of 2013. Shares of the the Atlanta-based colocation provider soared 34.9 percent on the quarter, as strong earnings made it the standout performer in a decidedly mixed quarter for the data center sector. Read More

Wall Street Debates How to Value Data Center Stocks

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Last Saturday Barron’s took a critical look at the methods used to value data center companies on Wall Street. That kicked off a series of articles in the financial press and blogosphere debating the merit of data center investments. Here’s a review of the debate. Read More

CyrusOne Completes IPO, Shares Trade Higher on NASDAQ

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CyrusOne has completed its IPO, pricing its initial sale of shares at $19, above the projected range of $16 to $18, indicating healthy demand for shares of the colocation provider. Shares rise in early trading before settling back to about $21 a share in mid-afternoon. Read More

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