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CoreSite Realty Corp

cencora.com

No Longer Reporting

The company has not filed an annual or quarterly report since its Q3 FY2021 10-Q, filed Oct 29, 2021. Its latest SEC filing is a SC 13G/A from Feb 11, 2022.

The sections below describe the company as of the FY2020 annual report.

What Did They Do?

Leases data center space and provides cloud access and interconnection services to enterprises, cloud providers, and network and mobility providers.

Who Were Their Customers?

CoreSite leases data center space to enterprises, cloud and IT service providers, and network and mobility providers. Customers can connect to carriers, internet providers, cloud companies, and other service providers through its campuses.

How Were They Changing?

Since the FY2020 annual report
Latest quarter: Q3 FY2021, the three months to Sep 30, 2021
Revenue
▲ +6%
vs $154M in Q3 FY2020
Net income
▼ 0%
vs $24.1M in Q3 FY2020
  • Dec 28, 2021 American Tower completed its acquisition of CoreSite CoreSite became a wholly owned subsidiary of Holdco; each share converted into a right to receive $170.00 in cash.
  • Nov 15, 2021 American Tower agreed to acquire CoreSite The agreement called for $170.00 per share in cash.

Multi-cloud use cases The latest report presents its campuses as serving customers deploying hybrid- and multi-cloud architectures; the older report described its network and cloud connections as supporting hybrid-cloud solutions.

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