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November 25, 2015 1:03 AM ET

Internet Software and Services

Company Overview of The Telx Group, Inc.

Company Overview

The Telx Group, Inc. operates interconnection and colocation data centers in the United States. The company offers data center interconnection, data center colocation, dedicated Internet access, Internet exchange, remote hands, and security services; cloud, connectivity, and managed services; and market reach and collaboration services. It serves financials, cloud and IT, digital media, networking and carrier, healthcare, and mobile industries. The company was formerly known as CSP Holdings, Inc. and changed its name to The Telx Group, Inc. in December 2000. The Telx Group, Inc. was founded in 2000 and is headquartered in New York, New York. It operates data centers in the New York/New Jerse...

1 State Street

21st Floor

New York, NY 10004

United States

Founded in 2000

217 Employees





Key Executives for The Telx Group, Inc.

Chief Executive Officer
Age: 45
Chief Financial Officer and Executive Vice President
Age: 51
Senior Vice President of Operations and Service Delivery
Executive Vice President of Engineering & Construction
Age: 41
Senior Vice President, General Counsel and Secretary
Age: 51
Compensation as of Fiscal Year 2015.

The Telx Group, Inc. Key Developments

The Telx Group, Inc. Reports Consolidated Earnings Results for the Six Months Ended June 30, 2015

The Telx Group, Inc. reported consolidated earnings results for the six months ended June 30, 2015. For the period, the company reported revenue of $164,233,000 against $141,242,000 reported last year. Income from operations was at $8,670,000 against $3,083,000 reported last year. Loss before income taxes was at $21,131,000 against $24,705,000 reported last year. Net loss was at $22,556,000 against $13,884,000 reported last year. Net cash provided by operating activities was at $32,839,000 against $20,379,000 reported last year. Purchases of property and equipment was at $23,749,000 against $42,110,000 reported last year.

NewCloud Selects Telx's NYC1 Facility

Telx announced that it has partnered with NewCloud Networks to join the Telx Cloud Xchange ecosystem in Telx's NYC1 facility. NewCloud selected Telx's NYC1 facility to further optimize its ultra-low-latency national cloud network. NewCloud cited the attractiveness of NYC1, part of Telx's three densely interconnected NYC data centers with 600+ on-site carriers and Internet services as the primary reason for deployment. The new cloud hub deployed at Telx's NYC1 data center will be NewCloud's first on the East Coast, serving as a critical element in the company's national operations and a cornerstone for cloud solutions delivery to Northeast customers.

Brown and Caldwell Leverages Telx Cloud Xchange Ecosphere

Telx announced that Brown and Caldwell has expanded its cloud platform after deploying virtual servers in Telx data centers. Leveraging the ecosystem in Telx's Cloud Xchange, Brown and Caldwell is colocating and connecting within Telx'sPhoenix (PHX1) data center to bolster its mobile and cloud strategies. Typical Brown and Caldwell design projects require enterprise-level collaboration across multiple offices of the firm. With the Telx data center expansion, Brown and Caldwell employees have better access to their design applications for increased capacity, higher security, and reduced latency.

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