CyrusOne

CyrusOne, Inc.
Public
Traded as
Industry Real estate investment trust
Founded 2001 (2001)
Headquarters Dallas, Texas
Key people
 Alex Shumate, Chairman
Gary J. Wojtaszek, CEO
Diane M. Morefield, CFO
Products Data Centers
Revenue Increase $0.672 billion (2017)
Increase -$0.083 billion (2017)
Total assets Increase $4.312 billion (2017)
Total equity Increase $1.713 billion (2017)
Number of employees
 416 (2017)
Website cyrusone.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]

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

History

The company was formed in 2001.

In July 2007, the company was acquired by ABRY Partners.[2]

In June 2010, the company was acquired by Cincinnati Bell for $525 million.[3][4]

In September 2011, the company acquired 55.9 acres in Chandler, Arizona for construction of a data center facility.[5]

In January 2013, the company became a public company via an initial public offering.[6]

By 2015, Cincinnati Bell had sold almost its entire stake in the company.[7]

In July 2015, the company acquired Cervalis for approximately $400 million.[8]

In March 2016, the company acquired a data center of CME Group in Aurora, Illinois for $130 million in a leaseback transaction.[9][10] In December 2016, the company broke ground on a 425,000 square foot data center on the property.[11]

In June 2016, the company purchased a 40-acre parcel in Loudoun County, Virginia.[12]

References

  1. 1 2 3 4 "CyrusOne, Inc. 2017 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
  2. ↑ "CyrusOne set for more growth after acquisition by Abry Partners". American City Business Journals. July 11, 2007.
  3. ↑ "Cincinnati Bell completes CyrusOne buy". American City Business Journals. June 11, 2010.
  4. ↑ "Cincinnati Bell to acquire CyrusOne in Texas". American City Business Journals. May 13, 2010.
  5. ↑ Beyer, Shane (September 19, 2011). "CyrusOne Buys 55.9 Acres in Chandler". CoStar Group.
  6. ↑ "CyrusOne Inc. Announces Pricing of Initial Public Offering" (Press release). Business Wire. January 17, 2013.
  7. ↑ Brownfield, Andy (June 24, 2015). "Cincinnati Bell sells off third major block of CyrusOne holdings". American City Business Journals.
  8. ↑ "CyrusOne Announces Closing Of Cervalis Acquisition" (Press release). Business Wire. July 1, 2015.
  9. ↑ "CME Group Announces Agreement to Sell Aurora, Ill. Data Center to CyrusOne" (Press release). PRNewswire. March 15, 2016.
  10. ↑ O'Connor, Kyle (April 12, 2016). "CyrusOne Finalizes $130 Million Data Center Acquisition in Aurora". CoStar Group.
  11. ↑ Drummer, Randyl (December 2, 2016). "CyrusOne Starts Construction of 425,000-SF Data Center Near Chicago". CoStar Group.
  12. ↑ "Global Data Center Provider CyrusOne Purchases 40 Acres in Northern Virginia" (Press release). Business Wire. June 14, 2016.

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

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