CyrusOne

Bruce Duncan has plenty of experience leading publicly traded REITs but no apparent data center experience.

While growing, the company, grappling with slow hyperscale demand, has taken a beating in the stock market.

The company says it’s cutting costs in response to slow hyperscaler demand.

The attack was limited to its managed services business in a single New York data center, the company said.

A bidder group including KKR, Stonepeak, and I Squared Capital is said to be in preliminary stages of weighing a bid for the company. Others interested too.

DCK Investor Edge: No signs of cloud leasing picking back up in second half, but long-term drivers still intact.

It’s a war over microseconds to win an edge trading some of the most important financial products in the world.