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After granting underwriters a 30-day option to purchase up to an additional 337,500 shares of its common stock, representing $1.5 billion of common stock, Equinix intends to complete a potential acquisition. Equinix is currently in advanced discussions with a seller to acquire selected data center sites and their operations.
Global data center colocation and interconnection company Equinix has reported results for the quarter ended March 31, 2020. The company’s quarterly revenues increased by 2% over the previous quarter to $1.445 billion in total.
Equinix has extended its Cloud Exchange Fabric service to Barcelona, Brussels, Geneva, Istanbul, Lisbon and Sofia. The global colocation and interconnection provider will also extend its service into Hamburg, in Q2 2020.
Equinix has signed a second $1 billion initial joint venture partnership with GIC to develop and operate xScale data centers in Japan. The two companies inked their first $1 billion+ hyperscale data center joint venture deal for the Japanese market last July.
By moving its global interconnection platform to the Oracle Exadata Database Machine, Equinix would be able to run applications “an estimated 30 to 40 percent faster with some workloads showing more than 100 percent improvement.”
Global colocation data center provider Equinix has now entered the cloud hosting market with its services by acquiring leading bare metal services provider, Packet.
LCL, a Belgian carrier-neutral colocation data center operator with facilities located in Diegem, Aalst and Antwerp, partners with Equinix to offer Equinix Cloud Exchange Fabric to its colocation customers.
Global colocation and interconnection company Equinix, has acquired three colocation data centers from Axtel S.A.B. de C.V. (BMV: AXTELCPO) that serve the Mexico City and Monterrey metro areas of Mexico. Equinix has paid $175 million for these three colocation data centers in an all-cash transaction.
Global colocation and interconnection company Equinix has announced an expansion of its European data center presence with the development of a new data center in Warsaw, Poland.
ManageEngine, the IT management division of Zoho Corporation, is now hosting Zoho’s ITSM, ITOM and endpoint management services from its Melbourne and Sydney data centers which are collocated in Equinix’s Australian facilities.
Global colocation and interconnection provider Equinix has acquired three data centers from Axtel (BMV: AXTELCPO) in Mexico.