Cyxtera Technologies has announced it has agreed to a $3.4 billion acquisition by Starboard Value Acquisition Corp (SVAC). SVAC is a SPAC, which stands for "special-purpose acquisition company." SPACs have become popular vehicles to raise public money and then acquire real operating businesses...
Company: Cyxtera Technologies
Site is located within: NEXTDC Brisbane B1 building
Region: Asia-Pacific (APAC)
Short Code: 3PBRIS1
Cyxtera's 3PBRIS1 site located in Brisbane was acquired via a $2.8 billion transaction to acquire 57 datacenters from CenturyLink. The transaction which closed in May 2017 created Cyxtera Technologies.