zColo, which operates 51 data centers, could fetch about $1 billion, a source who asked to not be identified, said.
According to bankers, some of the company's largest investors think it can fetch a much higher premium.
But what does a platform play look like for a data center REIT?
Seeks to end M&A speculation, says the company remains focused on strategy
After two years of planning, the startup will deploy data center containers at tower sites in Austin, Tampa, and Raleigh.
If closed, the deal will make Digital Europe’s second-largest data center provider.
The European data center provider is a red-hot M&A target. Here's why.