Vantage explores $100B IPO as four data center operators line up listings
Vantage Data Centers LLC has held early talks about an initial public offering that would value the operator at roughly $100 billion, Reuters reported today, citing people familiar with the discussions. Two of those sources told Reuters a listing at that size would be the largest the data center industry has produced. The talks are […] The post Vantage explores $100B IPO as four data center…
Vantage Data Centers LLC is reportedly exploring an initial public offering (IPO) valued at approximately $100 billion, according to Reuters. While the talks are preliminary, the company has met with financial advisers and has not formally launched the process. If successful, the IPO could raise around $10 billion, although selling the company outright or offloading a stake are also being considered.
Three other large data center operators have had listing plans recently, including CyrusOne, DayOne Data Centers, and Switch. The IPO market for data centers seems to be heating up, with Vantage running 35 campuses globally and having raised approximately $11 billion since late 2023.
Written by urgent.news from SiliconANGLE's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
