Thursday, October 19, 2017


CyrusOne buys stake in GDS for $100m in pursue of Chinese cloud business

Chinese data centre operator’s customers include local big providers such as Alibaba Group, Tencent and Baidu. US-based data centre REIT CyrusOne (NASDAQ: CONE) has invested $100m in the acquisition of an 8% stake in GDS Holdings Limited (NASDAQ: GDS) as the company seeks to ramp up its efforts to expand its cloud business in the […]