Saturday, January 16, 2016

Equinix Adds 40+ Data Centers in Europe viaTelecity Acquisition

Equinix completed its acquisition of TelecityGroup plc, more than doubling its data center capacity in Europe and fortifying its position as the largest retail colocation provider in the region. The deal was valued at approximately $3.8 billion (compromised of $1.7 billion in cash and the issuance of approximately 6.8 million shares of Equinix common stock valued at approximately $2.1 billion). Equinix said the TelecityGroup acquisition adds 40+...