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Digital Realty to buy 8 Equinix data centres in Europe

2016-05-16 12:58:00| Telecompaper Headlines

(Telecompaper) Digital Realty Trust is expanding into Europe with the acquisition of eight data centres from Equinix. The US-based company will buy five data centres in London, two in Amsterdam and one in Frankfurt from Equinix for a total USD 874 million. The sale by Equinix allows it to comply with the European Commission's conditions for regulatory approval of its takeover of Telecity. In connection with this transaction, Digital Realty has granted Equinix an option to acquire the company's facility at 114 rue Ambroise Croizat in Paris for USD 215 million. The acquisition is expected to close in the second half of 2016 and is subject to approval by the European Commission.

Tags: data buy digital europe

Category:Telecommunications

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