No Kidding! Telx, a Data Center Operator, Files for a $100M IPO

GigaOM (Mar 19 2010) Cloud Computing

1. The Telx Group, a New York City-based data center operator, has filed for an initial public offering that could see it raise as much as $100 million from the public markets. The last major data center operator to go public was RackSpace, and that was back in 2009. With the demand for data centers and Internet services on an upswing, Telx’s attempt to go public is very timely. The company is well known for owning being a primary lease holder at 60 Hudson Street, an iconic wired carrier hotel in Manhattan where more than 250 networks converge. Owned by private equity firm GI Partners, its other assets include The Planet and EV1 Servers. (Read Full Article)

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