CyrusOne

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CyrusOne, Inc.
Public company
Traded asNASDAQCONE
S&P 400 component
IndustryReal estate investment trust
Founded2001; 18 years ago (2001)
HeadquartersDallas, Texas
Key people
Alex Shumate, Chairman
Gary J. Wojtaszek, CEO
Diane M. Morefield, CFO
ProductsData Centers
RevenueIncrease $0.672 billion (2017)
Increase -$0.083 billion (2017)
Total assetsIncrease $4.312 billion (2017)
Total equityIncrease $1.713 billion (2017)
Number of employees
416 (2017)
Websitecyrusone.com
Footnotes / references
[1]

CyrusOne, Inc. is a real estate investment trust that invests in carrier-neutral data centers and provides colocation and peering services. It is headquartered in Dallas, Texas.[1]

As of December 31, 2017, the company owned 45 operating data center facilities in 12 markets, including 10 markets in the United States, as well as London and Singapore.[1][2]

The company has approximately 1,000 customers including enterprises, network operators, cloud providers, and supporting service providers.[1]

History[edit]

The company was formed in 2001.

In July 2007, the company was acquired by ABRY Partners.[3]

In June 2010, the company was acquired by Cincinnati Bell for $525 million.[4][5]

In September 2011, the company acquired 55.9 acres in Chandler, Arizona for construction of a data center facility.[6]

In January 2013, the company became a public company via an initial public offering.[7]

By 2015, Cincinnati Bell had sold almost its entire stake in the company.[8]

In July 2015, the company acquired Cervalis for approximately $400 million.[9]

In March 2016, the company acquired a data center of CME Group in Aurora, Illinois for $130 million in a leaseback transaction.[10][11] In December 2016, the company broke ground on a 425,000 square foot data center on the property.[12]

In June 2016, the company purchased a 40-acre parcel in Loudoun County, Virginia.[13]

In August 2017, the company acquired Zenium Data Centers, a provider with data centers in London and Frankfurt, for $442 million.[14]

References[edit]

  1. ^ a b c d "CyrusOne, Inc. 2017 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
  2. ^ "Map and list of CyrusOne's data center locations". baxtel.com.
  3. ^ "CyrusOne set for more growth after acquisition by Abry Partners". American City Business Journals. July 11, 2007.
  4. ^ "Cincinnati Bell completes CyrusOne buy". American City Business Journals. June 11, 2010.
  5. ^ "Cincinnati Bell to acquire CyrusOne in Texas". American City Business Journals. May 13, 2010.
  6. ^ Dawn-Hiscox, Tanwen (April 16, 2018). "CyrusOne forced to take action following noise complaints in Chandler, Arizona". Data Center Dynamics.
  7. ^ "CyrusOne Inc. Announces Pricing of Initial Public Offering" (Press release). Business Wire. January 17, 2013.
  8. ^ Brownfield, Andy (June 24, 2015). "Cincinnati Bell sells off third major block of CyrusOne holdings". American City Business Journals.
  9. ^ "CyrusOne Announces Closing Of Cervalis Acquisition" (Press release). Business Wire. July 1, 2015.
  10. ^ "CME Group Announces Agreement to Sell Aurora, Ill. Data Center to CyrusOne" (Press release). PR Newswire. March 15, 2016.
  11. ^ Stoller, Bill (May 9, 2016). "CyrusOne Plans Huge Expansion at CME Data Center Campus in Chicago". Data Center Knowledge.
  12. ^ Hiller, Kristin (December 1, 2016). "CyrusOne Begins Construction on Second Data Center in Chicago Suburb". RE Business Online.
  13. ^ "Global Data Center Provider CyrusOne Purchases 40 Acres in Northern Virginia" (Press release). Business Wire. June 14, 2016.
  14. ^ "CyrusOne Inc. Announces Closing of Zenium Acquisition" (Press release). Business Wire. August 27, 2018.

External links[edit]

Coordinates: 32°59′32.27″N 96°55′49.44″W / 32.9922972°N 96.9304000°W / 32.9922972; -96.9304000