European colocation provider Interxion Holdings expects shares of its IPO to price in a range between $11 and $13. Interxion's offering is scheduled for Friday on the New York Stock Exchange.
Oh boy. Jim Cramer's talking about data center stocks again. So let's look at his track record. For all those investors that followed Cramer's "sell, sell, sell" recommendation in Oct. 2009, here's what you missed.
Investor disappointment over earnings at F5 Networks (FFIV) spilled over into shares of other companies whose fortunes are tied to the growth of cloud computing, including Rackspace (RAX) and Terremark (TMRK).
After a year without data center IPOs in 2009, the public markets opened for a select number of companies in 2010, most notably CoreSite Realty (COR). Here's a review of the IPO activity in 2010.
Carter Validus Mission Critical REIT has begun selling shares for a stock offering in which it hopes to raise between $200 million and $1.75 billion to purchase data centers and medical facilities.
Equinix (EQIX) is seeing strong growth in its Asia/Pacific and European businesses, and the Switch and Data deal means less new construction will be required to support additional customer growth in the U.S.
It's been a busy month for deals and rumors of deals. AOL buying Yahoo? Oracle buying EMC and VMware? Here's a quick guide to last week's stock chatter.
Shares of managed hosting providers led the way as data center stocks once again outpaced the broader market in the third quarter of 2010, with Savvis and Rackspace the top performers.
The data center industry is hot. Data center stocks are outpacing the broader market, and there's been a flurry of acquisitions and IPOs amid strong interest from investors - especially from the private equity sector.