Welcome to Cyxtera!
Today, we officially bring together CenturyLink’s global data center footprint and colocation business with a modern, hybrid and cloud-ready security portfolio from four innovative companies – Cryptzone, Brainspace, Catbird and Easy Solutions – and launch a new business, closing the transaction we announced in November 2016.
Cryptzone, Brainspace, Catbird and Easy Solutions
Medina Capital, BC Partners form Cyxtera Technologies in $2.8B transaction | Miami HeraldMedina Capital, a Miami-based private equity firm led by Medina, and global private equity firm BC Partners announced in November they planned to form the new venture, combining a worldwide network of 57 CenturyLink data centers with four cybersecurity and data analytics portfolio companies from Medina Capital. On Tuesday, six months later, the firms announced the deal is done.
With the $2.8 billion transaction now complete, the new company begins operations immediately, said Medina, in a phone interview Monday. Medina will be CEO of Cyxtera – “Cy for cyber, X for exchanges or internet exchanges, and tera for the world that we are going to conquer,” Medina said.