Dec
08
Equinix Signs $3.6B Deal to Acquire 24 Data Centers
ByThe acquisition will bring the company’s global footprint to 175 data centers in 43 markets across the Americas, Europe and Asia-Pacific.
Steve Smith, Equinix
Redwood City, Calif., and New York—Verizon Communications, which continues streamlining its operations to focus on its core businesses, has agreed to sell 24 data center sites in the United States and Latin America to Equinix Inc. for $3.6 billion in an all-cash deal.
The 24 sites consist of 29 data center buildings totaling approximately 2.4 million square feet across 15 metro areas and will increase Equinix’s global footprint to 175 data centers in 43 markets and about 17 million square feet across the Americas, Europe and Asia-Pacific. The transaction is expected to close by mid-2017…
