CyrusOne CEO: Data industry booming, Cincinnati could be a hub

Posted on February 24, 2017 by lisacolbert in Industries // 0 Comments

Story excerpt provided by Cincinnati Business Courier.

Written by Andy Brownfield.

Though CyrusOne spun off from Cincinnati Bell in 2013, its CEO still has a lot of affection for the Queen City and thinks it could become a hot spot for the booming data center industry.

Gary Wojtaszek was chief financial officer at Bell (NYSE: CBB) back in 2010. He was tasked with finding out how the company could use its cash flow strategically and came up with the idea to acquire CyrusOne (Nasdaq: CONE) for $500 million. Three years later, the company spun out of Bell with an IPO. Now it’s worth close to $6 billion.

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Originally published February 21, 2017.