Highlights / Key Facts
January 2016, Equinixcompleted the acquisition of TelecityGroup plcin a transaction valued at approximately $3.8 billion(£2.6 billion). The addition of TelecityGroup's 34+ data centers, net of the divestment, more than doubled Equinix'scapacity in Europe, fortifying its position as the largest retail colocation provider in the region and in the world.
- The divesture of eight European assets to
Digital Realty Trustto meet the European Commission'srequirements in the purchase of TelecityGroup include the following facilities: TelecityGroup's Bonnington House, Sovereign House, Meridian Gate and Oliver's Yard data centers and Equinix'sWest Drayton data center in London; TelecityGroup's Science Parkand Amstel Business Park I in Amsterdam; and TelecityGroup's Lyonerstrasse data center in Frankfurt.
- As the result of the
Telecityacquisition Equinixadded seven new markets in Europeto its portfolio including Dublin, Helsinki, Istanbul, Manchester, Sofia, Stockholm, and Warsaw. Equinixnow operates 145 IBX data center facilities in 40 markets, providing customers even more ways to connect with other businesses around the world on Platform Equinix™.
Steve Smith, president and CEO, Equinix:
Equinix'sacquisition of TelecityGroup added critical network and cloud density to better serve our global customers. Completing this last milestone in the acquisition process paves the way for us to focus fully on helping our enterprise customers leverage our highly interconnected, global data centers for accelerated business performance and innovation. Additionally, the purchase of the Parisfacilities is an important step in managing our real estate portfolio and ensuring we have the ability to add more capacity in this key market in the future."
- Equinix Agrees to Divest Eight European Assets to
Digital Realty Trust, Inc.[press release]
- European Commission Grants Clearance for Equinix Offer to Acquire Telecity [press release]
- Equinix Expands Data Center Leadership Position with Close of Telecity Acquisition [press release]
Forward Looking Statements
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
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