Colocation firm Cyxtera may put itself up for sale

Datacenter operator Cyxtera is considering putting itself up for sale, according to reports. The firm has facilities at 61 locations across North America, Asia Pacific and Europe, including London's Docklands, and is an important player in datacenter colocation and interconnection services. According to Bloomberg, Cyxtera is …

[Doctor Syntax]

"hotting up of the datacenter market"

Does this mean that datacentre investors aren't content to just collect dividends? Do they want to sell on and on, loading the operation with more debt each time until the operation collapses under its own weight those who financed the last sale have effectively put money they'll never get back into the pockets of all the previous owners?

[VoiceOfTruth]

The Doc hit the spot

-> loading the operation with more debt

The same thing happened with high street shops (AKA commercial real estate). Landlords up to their ears in debt shovel it onto the shops. The shops shut up shop where possible and trade online. If you want to know why the high street in X town looks the same as Y town, it's due to greed.

[FILE_ID.DIZ]

Re: The Doc hit the spot

And given the performance of SPACs in general - you know this will be a win for the new shareholders, not.

Just a nice windfall for the SPAC founders.