Cyxtera agrees to a $3.4 billion SPAC merger 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... February 22, 2021 Eric Bell Cyxtera Technologies
Cyxtera Promotes Nelson Fonseca to CEO Cyxtera Technologies has announced that founder and CEO Manuel D. Medina has been elevated to the position of Executive Chairman for both Cyxtera and its recently announced AppGate spin-out. Current Cyxtera President and Chief Operating Officer Nelson Fonseca has been promoted to the role of C... November 19, 2019 Eric Bell Cyxtera Technologies