Data Center Comeback?

from the that-was-damn-fast dept

It was just Monday that we were talking about how no data center seemed to be able to make money and today Red Herring has an article saying that the data center market is bouncing back. I wonder what the folks at Abovenet (who just declared that they won’t survive the year unless something special happens) think about that. About the best news the article seems to have is that old data center assets that were recently sold for pennies on the dollar, are now going for fifty cents on the dollar. When you’re cheering about things selling for only half the price it cost to build, you’re still in a troubled industry.

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