On October 9, 2013, data center developer QTS Realty Trust launched its initial public offering the New York Stock Exchange, pricing its shares at $21 to raise $257 million.

The QTS Realty IPO may raise as much as $422 million, and is currently scheduled for Oct. 9. The company expects to sell stock at a price between $27 and $30 per share.

The QTS Atlanta Metro facility keeps getting bigger. The company recently completed and commissioned 70,000 square feet of raised floor in its Atlanta Metro facility.

It's been a busy week for executive hires in the data center industry. Michael Berry has joined IO as Chief Financial Officer, while QTS has named Jeffrey Berson as the company's first Chief Investment Officer.

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.

Data center provider QTS (Quality Technology Services) has launched two disaster recovery services designed to provide network availability in the event of virtual or physical server disruptions.

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.

Data center and managed service provider QTS (Quality Technology Services) announced its credit facility has increased to $575 million, which will fund the company's growth.

The company held a grand opening and ribbon cutting for its continuous transformational environment (CTE) lab at its Richmond data center, where it hopes to advance federal cloud technologies going forward.