Switch in Talks for Multibillion-Dollar Round at More Than $50 Billion Valuation
Switch is in talks to raise billions of dollars in a funding round that could value the data center developer at more than $50 billion, according to a report by The Information.
The reported fundraising discussions come months after merger-and-acquisition talks with SoftBank broke down. The round remains under discussion and no transaction has been announced.
From the sources (3 posts)
@firstsquawkSwitch is discussing a multibillion-dollar fundraising round that could value the company at more than $50 billion, according to The Information.
@katie_roofRT @anissagardizy8: Scoop: Data center developer Switch is in talks to raise billions at a >$50B valuation, months after SoftBank m&a talks…
@anissagardizy8Scoop: Data center developer Switch is in talks to raise billions at a >$50B valuation, months after SoftBank m&a talks broke down. More deets with @validapau: