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CyrusOne announces $300,000 Covid-19 donation

Written by Tue 14 Apr 2020

CyrusOne

CyrusOne President and CEO, Tesh Durvasula, to donate $50,000 of his own money

Colocation giant CyrusOne has announced a $300,000 donation to food banks and charities supporting people facing food insecurity due to the coronavirus pandemic.

CyrusOne is donating $250,000, while president and CEO Tesh Durvasula is adding a $50,000 personal donation to European charities and US foodbanks, including Feeding America, Member Food Bank, the North Texas Foodbank.

There are an estimated 37 million people who face hunger in the United States and an estimated additional 17.1 million face food insecurity as a result of school closures, rising unemployment, and rising poverty stemming from quarantine and stay-at-home orders.

In a statement, CyrusOne said Covid-19 containment measures “will disproportionately impact people already at risk of hunger”.

“In this unprecedented moment, we all need to come together across the world to help people in need. Our donation, on behalf of all CyrusOne team members, helps provide food and resources at a time of intense hardship. I am so proud of how passionately our CyrusOne family in the United States and Europe have responded to help our local communities in Texas and around the world,” said Tesh Durvasula, CEO and President, at CyrusOne.

“Feeding America is thankful to CyrusOne for its commitment to helping our neighbors who may not know where they will find their next meal. Their generous donation will help people hardest hit by this pandemic,” said Lauren Biedron, Vice President of Corporate Partnerships at Feeding America.

Founded in 2001, CyrusOne is of the world’s leading colocation providers, owning and operating 48 data centres across US, UK, Singapore, Frankfurt and Germany and serving 1,000 customers. Unlike other real-estate investment trusts (REITs) that specialise in colocation services, such as Equinix and Digital Realty, CyrusOne mainly serves Fortune 1,000 companies.

Hyperscale customers are increasingly turning to colocation providers as they race to the “edge” to ensure consistent and reliable service to local users and REITs like CyrusOne have enjoyed massive growth thanks to surging demand from the likes of Amazon, Microsoft and Google.

Written by Tue 14 Apr 2020

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