The acquisition makes
Digital transformation could add as much as
The closure follows an agreement
- The Metronode assets add more than 860,000 square feet (80,000 square meters) of land, 90 percent of which is owned, to the global portfolio of
Equinix. These sites add approximately 215,000 square feet (20,000 square meters) of gross colocation space in Australia.
- The acquisition adds to Platform Equinix two data centers in
Melbourne, and three in greater Sydney(including one in Illawarra), meeting customer demand for dual sites in each metro for redundancy and to host their data in network-rich, hyperscale ready facilities. It also adds two data centers to the Equinixportfolio in Perth, and one in each of Canberra, Adelaideand Brisbane, enabling businesses in Australiato locate their data in multiple sites across the country.
- With Metronode's strong existing customer base in government and proven track record of supporting both federal and state levels,
Equinixis now well-positioned to serve both existing government agencies and new partners in this sector across Australia.
- Additionally, the Metronode site in
Perthwill become the landing station for the new Vocus Australia Singapore Cable. With the existing submarine cable deployments at Equinixin Sydney, Equinixbecomes a leading provider of intercontinental connectivity, improving performance with lower latency and increased flexibility for customers across Australia.
- The acquisition furthers local growth momentum.
Equinixrecently completed the phase two expansion of its Sydney4 IBX (SY4) and the phase three expansion of its Melbourne1 IBX (ME1) is expected to be completed in Q3 2018.
Equinixfootprint in the Asia-Pacific regionnow includes 40 data centers and extends the company's global footprint to 200 data centers across 52 markets, enabling customers with increased capacity to enhance their IT infrastructure at the digital edge with Platform Equinix.
- About 60 employees will join the
Equinixteam in Asia-Pacificas part of the acquisition.
Jabez Tan, Research Director, Structure Research:
Equinixis doubling down in priority markets and breaking into emerging markets in a meaningful way through this acquisition. Meeting customer demand for multi-site campus locations and submarine cable connectivity while also providing hyperscale cloud verticals, places Equinixin a leading position in the Australian market. With a high percentage of owned assets and increased speed to market through its operational footprint, Equinixhas become the market leader in Australiaand is well placed for further expansion while also being well-equipped to support the government." Samuel Lee, President of Equinix Asia-Pacific:
"The acquisition of Metronode ensures
Equinixwill continue to strengthen its leadership position in the Asia-Pacific regionand support our ongoing global expansion while further enabling Australia'sdigital economy. Equinixis increasingly helping customers to digitally transform their businesses through deploying high-level interconnections taking their infrastructure, applications and services closer to customers and partners." Jeremy Deutsch, Managing Director, Equinix Australia:
Equinixis committed to matching the growth of our customers and meeting their demands for digital transformation and innovation. This acquisition expands our national footprint and will enable us to help our customers interconnect at the digital edge throughout Australia. We are thrilled to already see very strong demand from our existing customers and potential new customers, each expressing their desire to expand into the enlarged Platform Equinix across Australia."
Equinixacquires Metronode Data Centers [website] Equinixto Extend Market Leadership in Australiathrough Acquisition of Metronode [press release] Equinixnow has 15 sites in 6 markets across Australia[blog] 451 Research- Equinixbranches out across Australiawith $792mMetronode acquisition [analyst report]
- Accelerating Global Interconnection with the Acquisition of Metronode [blog]
This press release contains forward-looking statements which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual results to differ materially from expectations discussed in such forward-looking statements, including statements related to the acquisition of data centers from Metronode and the expected benefits from the acquisition. When used in this document, the words "anticipates," "can," "will," "look forward to," "expected" and similar expressions and any other statements that are not historical facts are intended to identify those assertions as forward-looking statements. Factors that might cause such differences include, but are not limited to, the possibility that the anticipated benefits from the acquisition of Metronode cannot be fully realized or may take longer to realize than expected; unanticipated costs or difficulties relating to the integration of data centers or companies we have acquired or will acquire into
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