CyrusOne Halts Bond Sale After Data-Center Failure Cripples CME
NegativeTechnology

- Goldman Sachs Group Inc. has halted a planned $1.3 billion mortgage-bond sale for CyrusOne, a data-center operator crucial to CME Group Inc., following a significant outage that disrupted one of the largest derivatives exchanges globally.
- This development is critical for CyrusOne as it underscores the financial implications of operational failures, particularly in the data center sector, where reliability is paramount for supporting major financial institutions like CME Group.
- The incident reflects ongoing vulnerabilities in data center infrastructure, prompting CME Group to enhance its backup cooling systems after a 10-hour outage caused by overheating, which disrupted global markets and raised concerns about the resilience of technology supporting financial operations.
— via World Pulse Now AI Editorial System
