Hivelocity Announces Sale of Chicago and Miami Colocation Services
TAMPA, Fla.--(BUSINESS WIRE)-- #BareMetal--Hivelocity announces the sale of its colocation services business in Chicago (ORD1) and Miami (MIA2) to Digital Realty.
Will the transaction trigger any changes in competitive dynamics within the colocation market, and how might that influence market share and pricing pressure?
What are the strategic reasons behind Hivelocity's divestiture and how might it impact its remaining business segments and cash flow?
How will the sale of the Chicago and Miami colocation assets affect Digital Realty's earnings guidance and valuation multiples?
13 days ago