STOCK TITAN

Cyxtera Technologies, Inc. - CYXTQ STOCK NEWS

Welcome to our dedicated page for Cyxtera Technologies news (Ticker: CYXTQ), a resource for investors and traders seeking the latest updates and insights on Cyxtera Technologies stock.

Cyxtera Technologies, Inc. (CYXTQ) delivers secure infrastructure solutions through a global network of data centers and advanced security analytics. Serving over 3,500 enterprises and government clients, the company enables resilient digital operations in an evolving threat landscape.

This page provides centralized access to Cyxtera's official announcements and market developments. Investors and technology professionals will find updates on financial results, strategic partnerships, and product innovations shaping the secure infrastructure sector.

Key content includes earnings disclosures, executive leadership updates, and cybersecurity solution launches. All materials are sourced for accuracy and relevance to stakeholder decision-making.

Bookmark this page for ongoing insights into Cyxtera's role in securing critical digital ecosystems. Check regularly for real-time updates impacting enterprise infrastructure investments.

Rhea-AI Summary
Cyxtera (OTC: CYXTQ) announced the approval of the sale of its assets to Brookfield Infrastructure Partners L.P. This transaction will provide Cyxtera with additional financial flexibility, enabling it to benefit from Brookfield’s global infrastructure expertise. The sale will strengthen and optimize Cyxtera’s data center portfolio, positioning it for long-term growth. The company expects to complete the transaction and emerge from the court-supervised process in the first quarter of 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Cyxtera (CYXTQ) Releases Positive Q3 2023 Business Update, Revenue Grows by 7.5% Year Over Year
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary
Cyxtera launches AI + Quantum Center of Excellence in the UK, providing a testing and activation hub for companies exploring AI and quantum computing. Founding partners include Fujitsu, Boston Limited, Oxford Quantum Circuits, SECQAI, Amulet Hotkey, and Asperitas. Fujitsu is deploying its AI Test Drive Lab in Cyxtera's COE, offering direct access to infrastructure and solutions. OQC and Cyxtera partner on integrating a quantum computer in a colocation data center. The COE experience includes workshops, training, proof of concept, and deployment options.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.33%
Tags
AI
Rhea-AI Summary
Cyxtera collaborates with HPE to offer Enterprise Bare Metal solution supported by HPE GreenLake platform, providing operational flexibility of the cloud with performance, control, cost-predictability, and security. Quick Start TCO Workshop program helps assess IT infrastructure and compare costs with colocation, bare metal, and public cloud. HPE buys back old hardware through Asset Upcycling Services. Benefits include quick provisioning, cost reduction, improved performance and security, maximum control, simplified capacity planning, and access to interconnection services and technology partners.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Cyxtera has reached a key milestone in its Chapter 11 process by filing a proposed Plan of Reorganization. The proposed plan, supported by the company's lenders, aims to optimize the capital structure and reduce pre-filing funded debt by over $950 million. The plan provides flexibility for a balance sheet recapitalization or a sale of the business. In the second quarter of 2023, Cyxtera delivered solid growth in total revenue, recurring revenue, core revenue, and transaction adjusted EBITDA. Final bids for the sale process are due on August 18, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.89%
Tags
-
Rhea-AI Summary
Cyxtera, a global leader in data center colocation and interconnection services, has been recognized as a Leader in the 2023 ISG Provider Lens™: Private Hybrid Cloud – Data Center Services report. This is the second year in a row that Cyxtera has won this designation. Cyxtera was recognized for its rich colocation and interconnection services, robust partner ecosystem, patented Digital Exchange network fabric, self-service customer portal, excellent remote hands services, and exceptional compliance levels.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.28%
Tags
none
Cyxtera Technologies, Inc.

OTC:CYXTQ

CYXTQ Rankings

CYXTQ Stock Data

126.22k
94.95M
20.99%
26.69%
4.53%
Information Technology Services
Technology
Link
United States
Coral Gables