The company reported revenue growth for the first time in six years, but most of the growth was driven by mainframe sales and not cloud and other new strategic products as bullish analysts had hoped for. Shares were down as a result.
DCK Investor Edge: At an investor conference, the newly public company’s execs indicated they weren’t after large, low-margin leases with hyper-scale companies, preferring higher-margin retail colocation business, where the company can leverage...
DCK Investor Edge: Equinix CEO Steve Smith this week fleshed out the company’s strategy for riding the next wave of data center expansion by the dozen largest hyper-scale platforms, which includes building 1MW to 2MW nodes for those clients.
DCK Investor Edge: Once the $442 million transaction closes, CyrusOne will join Equinix and Digital Realty as the third publicly traded US-based data center operator with significant customer offerings in both North America and Europe.