Vantage, CyrusOne, and DayOne are all planning initial public offerings (IPO) with valuations in the multiple billions, according to reports from Reuters and Bloomberg.
The three companies are all developers and operators of data centers, with each IPO potentially breaking records in the sector.
AI-infrastructure growth has lifted the lid on the data center industry, driving up valuations and fuelling significant investment, including IPOs, mergers, and acquisitions. Vantage, CyrusOne, and DayOne would be the latest in a series of IPOs in the data center industry on the back of this growth.
Vantage
Citing sources familiar with the matter, Reuters reports that Vantage is exploring an IPO or sale as soon as next year.
