CyrusOne
Data center operator From Wikipedia, the free encyclopedia
CyrusOne, Inc. owns and operates over 40 carrier-neutral data centers in North America, Europe, and Asia, where it provides colocation and peering services.[2] It is headquartered in Dallas, Texas and is owned by funds managed by Kohlberg Kravis Roberts and Global Infrastructure Partners.
 | |
| Company type | Private |
|---|---|
| Founded | July 2000 |
| Founder | David Ferdman Larry Bursten |
| Headquarters | Dallas, Texas |
Key people | Alex Shumate (chairman) Eric Schwartz (CEO and president) Owen Morris (CFO) |
| Products | Data centers |
| Owner | Funds managed by Kohlberg Kravis Roberts and Global Infrastructure Partners |
| Website | cyrusone |
| Footnotes / references [1] | |
History
Summarize
Perspective
The company was formed in July 2000 by David Ferdman and Larry Bursten, who met when companies they founded were acquired by IXC Communications.[3]
In July 2007, the company was acquired by ABRY Partners.[4]
In June 2010, the company was acquired by Cincinnati Bell for $525 million.[5][6]
In September 2011, the company acquired 55.9 acres in Chandler, Arizona for construction of a data center facility.[7]
In 2012, CyrusOne opened the largest data center in Texas in Carrollton.[8]
In January 2013, the company became a public company via an initial public offering.[9]
By 2015, Cincinnati Bell had sold almost its entire stake in the company.[10]
In July 2015, the company acquired Cervalis for approximately $400 million.[11]
In March 2016, the company acquired a data center of CME Group in Aurora, Illinois for $130 million in a leaseback transaction.[12][13] In December 2016, the company broke ground on a 425,000 square foot data center on the property.[14]
In June 2016, the company purchased a 40-acre parcel in Loudoun County, Virginia.[15]
In August 2017, the company acquired Zenium Data Centers, a provider with data centers in London and Frankfurt, for $442 million.[16]
In December 2019, the company suffered from a REvil ransomware attack that affected six of its customers.[17][18]
In February 2020, Tesh Durvasula was appointed president and chief executive officer of the company.[19]
In July 2021, David Ferdman, the co-founder and former CEO, was appointed interim president and chief executive officer of the company.[20]
In March 2022, the company sold its assets in Houston for $670 million.[21]
Also in March 2022, the company was acquired by Kohlberg Kravis Roberts and Global Infrastructure Partners for $15 billion.[22]
References
External links
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