Intel Capital-backed data centre producer Switch has filed to raise up to $100m in an initial public offering on the New York Stock Exchange.
US-based data centre builder Switch has filed for a $100m initial public offering on the New York Stock Exchange that will give an exit to semiconductor technology producer Intel.
Founded in 2000, Switch designs, builds and operates data centres that run completely on renewable energy for customers in fields such as technology, telecommunications, financial services, digital media and cloud service provision.
The company made $31.4m in net income in 2016 from approximately $319m in revenue, and has so far generated…
