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
Province: Quebec Province
Region: North America
Short Code: YUL1 (formerly MR1)
Usable SqFt: 6,255
Total Power: 1.6 Megawatts
Cyxtera's MR1 site in Montreal was acquired via a $2.8 billion transaction to acquire 57 datacenters from CenturyLink. The transaction which closed in May 2017 created Cyxtera Technologies.