Story image

Equinix completes acquisition of 29 data centers from Verizon

03 May 2017

Equinix, an interconnection and data center company, has acquired 29 data centers and their operations from Verizon Communications.

The U.S. $3.6 billion transaction includes over 1,000 customers, of which over 600 are net new, and approximately 3 million gross square feet of data center space.

250 Verizon employees became Equinix employees as a result of the acquisition.  

Equinix says that the acquisition brings three new markets (Bogotá, Culpeper and Houston) and provides additional capacity for their current markets.

The data centers are spread across 15 cities in North and Latin America, bringing Equinix’s total global footprint to over 175 International Business Exchange data centers for 44 markets.

The Miami NAP of the Americas facility will serve as a strategic hub and gateway for Equinix customer deployments servicing Latin America.

According to Equinix, it’s the fourth largest internet exchange point in the U.S., hosting the termination point of 15 subsea cables.

"As the technological shift to digital is transforming large sections of society and the global economy, companies are re-architecting their IT infrastructure to thrive in this new environment,” says Steve Smith, CEO, Equinix.

“They are moving from traditional centralized infrastructure to a distributed model that keeps data closer to the customers, partners and employees using it.”

Smith continues, “with this significant expansion of Equinix's globally consistent footprint, our platform is even more valuable to companies that are leveraging this new model of interconnection at the digital edge."

Equinix announced the acquisition of 29 data centers from Verizon Communications earlier this week.

The silver lining in Australia’s Government cloud strategy
Cloud has been a huge part of the ‘digital transformation’ conversation within Australian government during recent years.
Aerohive achieves ISO/IEC 27001 cloud platform certification
Aerohive is the first cloud-managed networking vendor recognized by a global standard for commitment to information security management systems.
Is Google’s Stadia feasible with today’s data centres?
To get a better idea of the sheer audacity behind Google’s latest move, we spoke to Unitas Global chief technical officer Grant Kirkwood.
Survey: IT pros nostalgic over on-prem data centre visibility
There are significant security and monitoring challenges faced by IT staff responsible for managing public and private cloud deployments.
61% of CIOs believe employees leak data maliciously
Egress conducted a survey to examine the root causes of employee-driven data breaches, their frequency, and impact.
VMware allures APJ channel veteran to take the reins
Balasingam will take on the role of vice president for VMware’s partner business in Asia Pacific and Japan (APJ).
Security top priority for Filipinos when choosing a bank - Unisys
Filipinos have greatest appetite in Asia Pacific to use biometrics to access banking services
Opinion: Modular data centers mitigate colocation construction risks
Schneider's Matthew Tavares believes modular data centers are key for colocation providers seeking a competitive advantage with rapid deployment.