Tough Quarter for Data Center Stocks

Shares of data center companies tend to be more volatile than the broader market. That held true in the third quarter of 2011, which was a tough time for Wall Street and a tougher time for the data center sector. Digital Realty (DLR) was the best performer, while it was a brutal quarter for Limelight Networks (LLNW) and Akamai (AKAM). Read More

Bankers: Telco Buying Spree Will Continue

Will mergers continue to reshape the data center landscape? Investment bankers tracking the industry predict say there are more deals to come, with telecom companies with cloud computing aspiration shaping up as the likely buyers. Read More

Chinese Data Center Firm Makes IPO

Chinese Internet data center services provider 21Vianet Group Inc. raised $195 million in its iniital public offering yesterday on U.S. markets, selling more shares than planned for a price $2 above the proposed range. Read More

Cloud Stocks Are Big Winners on Wall Street

It was a breakout quarter for stocks of companies focusing on cloud computing, as a pair of acquisitions boosted several shares across the sector. The top five performers in our quarterly Data Center Investor roundup were cloud computing plays that saw their shares soar by 35 percent or more in the three-month period ending March 31. Read More

Data Center Stocks Gain on Terremark Deal

Leading data center stocks are sharply higher today as investors buy up shares of Savvis (SVVS), Internap (INAP) and Rackspace (RAX) in the wake of Verizon’s $1.4 billion deal to acquire cloud hosting specialist Terremark. Read More

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