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: Digital Tseung Kwan O (33 Chun Choi, Hong Kong) building
Metro: Hong Kong
Region: East Asia
Region: Asia-Pacific (APAC)
Ownership: Cyxtera Technologies does not own the building.
Cyxtera's HK2 site in Hong Kong was acquired via a $2.8 billion transaction to acquire 57 datacenters from CenturyLink. The transaction which closed in May 2017 created Cyxtera Technologies.