Latest Switch News & Updates

See the latest news and media coverage for Switch. We track all announcements, press releases, and industry mentions in real time, all in one place.

Switch

High-density data center provider

switch.com

Headquarters: Las Vegas, United States
Founded year: 2000
Company type: Private company
Number of employees: 1,300–5,000
Industry: IT Services & Consulting

Last updated Today

Latest news about Switch

In short: Switch expanded its data center infrastructure and financing while reportedly filing for a U.S. IPO and seeking a $50 billion valuation.

Company announcements

June 10 Switch

Switch expands credit facilities to nearly $10 billion

The upsized facilities provide liquidity and credit support for AI data center infrastructure development.

April 15 Switch

Switch secures $2.6 billion syndicated letter of credit facility

The facility backs power procurement and transmission projects for data center campuses, reducing costs and improving execution certainty.

April 13 Switch

Switch raises $768 million in ABS issuance

The company has raised $4.2 billion through five ABS securitizations since 2024, expanding its master trust into a fifth market.

January 2 Switch

Switch signs 20-year PPA for 13 MW geothermal power

The power will serve Switch's Nevada data centers, with energy deliveries starting in Q1 2030 after a plant upgrade.

Media coverage

August 13 SiliconANGLE

Vantage explores $100B IPO as four data center operators line up listings

Reuters reported Vantage has met informally with advisers on a $100B IPO. A deal could raise $10B and arrive as soon as next year.

August 13 The Business Journals

Switch files plans for 605,000-square-foot data center complex at former raceway site - Pittsburgh Business Times

Switch Data Centers filed plans for a 605,000-square-foot complex at the former Pitt International...

August 7 Reuters

Data center firm Switch confidentially files for US IPO, Bloomberg News reports

Data center firm Switch filed confidentially for a U.S. initial public offering, Bloomberg News rep...

July 14 Reuters

EXCLUSIVE: Data center firm Switch taps banks for IPO that could value it up to $80 billion, sources say

Data center operator Switch has hired investment banks for an initial public offering ‌that could ra...

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