Sunday, December 21, 2014

Follow us:
Follow us on Facebook Follow us on Twitter Subscribe to this news feed 



Placeholder company to cash in on $210M data center

  • Text size: + -
TWC News: Placeholder company to cash in on $210M data center
Play now

Time Warner Cable video customers:
Sign in with your TWC ID to access our video clips.

  To view our videos, you need to
enable JavaScript. Learn how.
install Adobe Flash 9 or above. Install now.

Then come back here and refresh the page.

A company by the name Arista Data Centers LLC is slated to develop a $210 million facility in Pflugerville. Trouble is, the company only exists on paper.

Austin Business Journal Editor Colin Pope said Arista was created by local esteemed economist Angelos Angelou as a “placeholder company” until an actual company was chosen.

The shadow company also means big bucks in tax incentives. Find out more in this edition of “Business Now” in the video above. ClientIP:, UserAgent: CCBot/2.0 ( Profile: TWCSAMLSP