Acquisition due to growing customer demand positions CyrusOne as largest data center provider in Texas
Dallas, TX (January 6, 2014) – Global colocation solutions provider CyrusOne (NASDAQ: CONE) announced today the purchase of 22 acres in the MetCenter business park in Austin, Texas. It intends to use the acreage to increase data center capacity in Austin where it currently has 54,000 square feet of colocation space. The Austin transaction is in addition to 54 acres purchased earlier in 2013 in San Antonio and Houston as well as 24 acres the company owns in Dallas (Carrollton).
“CyrusOne currently has approximately 920,000 gross square feet of space in Texas with 560,000 square feet of data center capacity,” said Gary Wojtaszek, president and chief executive officer of CyrusOne. “We estimate that the property we now own in Dallas, Houston, San Antonio and Austin is capable of yielding an additional 2.5 million gross square feet and 1.6 million square feet of data center capacity, effectively tripling what we currently offer at our Texas facilities.”
“Securing the ownership of 100 acres in Texas markets where we already have a strong presence allows for construction of what we believe is the largest multi-facility interconnected data center platform in the country,” explained Wojtaszek. “Our Texas data centers are connected to the CyrusOne National Internet Exchange (National IX), which enables customers to efficiently replicate their existing IT infrastructure using our solution in one or more of our data centers. For example, the CyrusOne platform connects our high-performance computing Houston data center, which can handle 900 watts per square foot densities for super computer applications, to our other facilities in cities such as San Antonio and Austin for backup and replication.”
The CyrusOne National Internet Exchange enables customers to replicate their existing IT infrastructure across the company's multi-data center platform
Continued Texas Commitment
CyrusOne is the only major data center provider headquartered in the state of Texas and is responsible for employing hundreds of people across the state either directly or indirectly. By investing hundreds of millions of dollars in its Texas facilities, CyrusOne enables customers to deploy the latest computing technology, which helps accelerate their growth and profitability.
CyrusOne specializes in highly reliable enterprise data center colocation solutions and engineers its facilities with the highest power redundancy (2N architecture) and the power-density infrastructure required to deliver excellent availability. With the launch of the CyrusOne National IX in Texas in 2013, it created the first-ever data center platform to virtually link a dozen of its facilities in major metropolitan markets.
The CyrusOne National IX combines low-cost robust connectivity with the massively scaled data centers that the company is known for. As a result, Fortune 500 enterprises are able to implement cost-effective, multi-location data center platforms that meet the disaster recovery requirements of Sarbanes Oxley, HIPAA, PCI, NASDAQ, NYSE, and many other regulatory frameworks because they can ensure their infrastructure is protected and accessible 100 percent of the time across multiple sites located throughout the country.
CyrusOne is renowned for exceptional service and for building enduring customer relationships and high customer satisfaction levels. Customers include nine of the Fortune 20 companies and more than 125 of the Fortune 1000.
CyrusOne (NASDAQ: CONE) specializes in highly reliable enterprise-class, carrier-neutral data center properties. The company provides mission-critical data center facilities that protect and ensure the continued operation of IT infrastructure for more than 550 customers, including nine of the Fortune 20 and more than 100 of the Fortune 1000 companies.
CyrusOne's data center offerings provide the flexibility, reliability, and security that enterprise customers require and are delivered through a tailored, customer service-focused platform designed to foster long-term relationships. CyrusOne's National IX platform provides robust connectivity options to drive revenue, reduce expenses, and improve service quality for enterprises, content, and telecommunications companies. CyrusOne is committed to full transparency in communication, management, and service delivery throughout its 25 data centers worldwide.