Colocation Specialist Equinix Acquires Data Center Provider Metronode

December 19, 2017
Colocation Specialist Equinix Acquires Data Center Provider Metronode
Colocation specialist Equinix, Inc. (Equinix) has acquired data center provider Metronode. Established in 1998, Equinix has global headquarters in Redwood City, California, United States. The company has Microsoft Gold Cloud Platform status and its network of ‘carrier-neutral’ data centers includes a facility in Amsterdam, Netherlands. Alongside colocation, it offers a broad range of services including enterprise and cloud solutions. Equinix’s acquisition of Metronode extends its market leadership in Australia.

Established in 2002, Metronode has headquarters in North Sydney, New South Wales, Australia. The company bills itself as having “engineered Australia’s most adaptive data center designs” and its network of 10 facilities across Australia will significantly increase Equinix’s footprint in the country. It specializes in designing, building and operating secure and energy-efficient Tier III facilities that are recognized for data center energy efficiency by the National Australian Built Environment Rating System (NABERS) – an Australian government rating system that measures environmental performance. Its customers include service providers, enterprises, and government entities. Equinix has signed an agreement to acquire “all of the equity interests in the Metronode group of companies”. The deal will cost A$1,035 billion, or around US$792 million.

The acquisition underscores Equinix’s expansion plans and also strengthens its position in the Asia-Pacific region. It brings the company’s total number of ‘International Business Exchanges’ (IBX) data centers to 15. "Growth and expansion is a continued focus for Equinix as we strive to bring together market leaders and innovators on a single, global interconnection platform,” explained the President of Equinix Asia-Pacific, Samuel Lee. “The acquisition of Metronode helps Equinix to accelerate the expansion of our global footprint and support our customers in the region as they move their infrastructure to the edge, closer to their customers and partners."

Do you know of any other companies involved in acquisitions? Let us know the details. Add your comments below.

blog comments powered by Disqus

Top 3 Hosts From Our Search

1Steadfast Networks
3BlueRay Concepts