As I try to shake off the jet lag, here's a quick roundup of news from the colo sector:
We may soon have another publicly traded datacenter REIT in the market. Late last week QTS took another step toward an IPO with the filing of an S-11 with the SEC. Within that filing we can see they generated $84.4M in revenue during the first six months of 2013, bringing in adjusted EBITDA of $34.4M. Also last week, QTS added disaster recovery services to their bag of tricks.
CoreSite has ensured its continued presence out in Denver. Yesterday they extended the term of their lease at their DE1 facility at 910 15th Street, and expanded their capacity as well. The new terms extend the lease into 2024 and secure additional power for further expansions down the line. And this morning the IaaS provider iland picked CoreSite to power its east coast hybrid cloud network. iland is moving into CoreSite's Reston location and joining their Open Cloud Exchange.
Out in California, Vantage Data Centers finished off a 1.5MW, 9,000 square foot buildout of customer space in Santa Clara. Also, Newly minted CEO Sureel Choski also added some muscle to his team by bringing in former ViaWest and WiredRE executive Greg Vernon as SVP Sales & Marketing.
And last week Equinix (NASDAQ:EQIX, news, filings) picked up a financial services customer and also promoted one of its own to a newly created COO position. ParFX has launched its foreign exchange trading platform in their Slough campus. And Charles Meyers has been elevated from his current position as President of the Americas up to Chief Operating Officer.
If you haven't already, please take our Reader Survey! Just 3 questions to help us better understand who is reading Telecom Ramblings so we can serve you better!Categories: Datacenter · Financials · Jobs