Investing

QTS Confirms Plans for IPO, Major Expansion

A view of the rows of racks packing a pod inside the QTS Downtown Atlanta data center.

QTS (Quality Technology Services) has confirmed plans for a $300 million initial public offering (IPO) that will help fund a major expansion of the company’s footprint, focused on its massive data centers in Dallas, Richmond and Atlanta. Read More

Report: QTS Planning to Go Public in IPO

An overhead view of a Quality Technology Services data center in the Atlanta area.

Bloomberg reported Tuesday that QTS (Quality Technology Services) is planning to pursue an IPO, citing “people with knowledge of the matter,” who say the company is working with Goldman Sachs and Jefferies Group on the offering. Read More

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

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