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Dutch colocation services provider InterXion sets terms for $223 million IPO

January 12, 2011

InterXion Holding N.V., which provides carrier-neutral colocation data center services to over 1,100 customers in Europe, announced terms for its IPO on Wednesday. The Netherlands-based company plans to raise $223 million by offering 18.6 million shares at a price range of $11-$13. At the mid-point of the proposed range, InterXion will command a market value of $780 million. InterXion, which was founded in 1998 and booked $246 million in sales in 2009, plans to list on the NYSE under the symbol INXN. BofA Merrill Lynch, Citi and Barclays Capital are the lead underwriters on the deal, which is expected to price during the week of January 24.