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


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


Spending is rampant this spring, as technology companies are opening up their checkbooks to make acquisitions and finance innovation. 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


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


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


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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