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Data centers flipped the switch: Switch files for a $100 million IPO

September 8, 2017
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Switch, which operates data centers and provides data management systems, filed on Friday with the SEC to raise up to $100 million in an initial public offering.

The Las Vegas, NV-based company was founded in 2000 and booked $345 million in sales for the 12 months ended June 30, 2017. It plans to list on the NYSE under the symbol SWCH. Switch filed confidentially on June 29, 2017. Goldman Sachs, J.P. Morgan, BMO Capital Markets and Wells Fargo Securities are the joint bookrunners on the deal. No pricing terms were disclosed.