Sources: data center operator Switch has hired investment banks for a US IPO that could raise up to $10B and value it at $80B, set for as soon as Q4 (Reuters)
Switch is preparing a massive IPO that could reshape capital flows in AI-adjacent data center infrastructure.
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<a href="https://economictimes.indiatimes.com/tech/technology/data-center-firm-switch-taps-banks-for-ipo-that-could-value-it-up-to-80-billion/articleshow/132395339.cms"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260714/i31.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260714/p31#a260714p31" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="http://www.reuters.com/">Reuters</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://economictimes.indiatimes.com/tech/technology/data-center-firm-switch-taps-banks-for-ipo-that-could-value-it-up-to-80-billion/articleshow/132395339.cms">Sources: data center operator Switch has hired investment banks for a US IPO that could raise up to $10B and value it at $80B, set for as soon as Q4</a></b></span> — Data center operator Switch is preparing for a significant initial public offering. This offering could potentially raise up to ten billion dollars soon.</p>
Read at source: https://www.techmeme.com/260714/p31#a260714p31