Using a financing method called "securitization," US-based data center operators have been able to raise more money to finance growth than their European counterparts, who primarily rely on traditional bank financing.
The colocation giant said the deal would add 500 net new customers, $105 million in annualized revenue.
The company attributed the drop to customers spending more on “remote work and business continuity solutions” rather than server farms.
The company declined to say if its expense reductions include job cuts.
Private equity firm floats the startup $100 million, enough to complete California computing vessel and more.
“This was far ranging -- and historical employment ratings, age and seniority did not seem to matter.”
Forecast helped by surge in spending on internet infrastructure and purchases of computer gaming gear
Server sales dropped 20 percent, and storage hardware declined 18 percent in fiscal Q2.
