CyrusOne IPO Plans Focus on Big Customers, Facilities
Big customers and big facilities are at the heart of the business strategy for CyrusOne, the data center business of Cincinnati Bell, which plans to go public through an initial public offering (IPO) later this year. The recent opening of a 700,000 square foot facility in the Dallas market is a reflection of the size of the company’s ambitions, but the value of the company’s customer base is perhaps best seen in another new facility – a new Houston campus optimized for customers in the oil and gas industry that have been some of CyrusOne’s most reliable tenants.
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