Company has pledged to reach $20B in corporate cloud revenue by the fiscal year that ends in June 2018.

Data center division up 10 percent year over year.

IBM came the closest in more than four years to reporting quarterly revenue growth on Monday.

The move is taking longer than some investors would like.

Brazilian data center builder allegedly cooked the books and bribed government officials for years.

Real estate brokers predict Data Center Alley in 2016 see double the amount of leasing it saw last year.

The company expects to capitalize on wave of data center outsourcing and cloud adoption in the Chinese market.

Nutanix rose 86 percent to $29.80 at 11:32 a.m. in New York, giving the company a market value of about $4.1 billion.

Share price indicates a down round, but CEO begs to differ