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Equinix to buy Telecity for GBP 2.35 billion
2015-05-29 09:20:00| Telecompaper Headlines
(Telecompaper) US data centre operator Equinix has reached an agreement to acquire UK-based Telecity for GBP 2.35 billion in cash and shares. Equinix offered GBP 1.145 per share, with GBP 0.5725 payable in cash, representing an around 35 percent premium on Telecity's closing price on 10 February, the day before Telecity announced its planned merger with Dutch data centre operator Interxion. When the transaction is completed, Telecity shareholders will own around 10.1 percent of the combined group. Telecity CEO John Hugues, who will sit on Equinix's board, said, "Having carefully considered all our options, the board believes this is a compelling offer and an excellent outcome for shareholders, employees and customers." The agreement scuppers Telecity's February bid to buy Interxion in all-stock deal.
Equinix tries to woo Telecity away from Interxion
2015-05-07 08:34:00| Telecompaper Headlines
(Telecompaper) Data centre operator TelecityGroup said it has received an approach from Equinix, regarding a possible offer for Telecity at GBP 11.45 per share. Around 45 percent of the consideration would be payable in cash and 46 percent in Equinix stock. Telecity and Interxion recently signed an agreement that prohibits the parties from soliciting or discussing alternative proposals except in limited circumstances. One of the exceptions is where the directors of the relevant party believe they are required to do so by virtue of their fiduciary duties or other applicable law. In that light, Telecity has determined that it is required by virtue of its fiduciary duties to enter into discussions with Equinix and has decided to permit Equinix to undertake a short period of due diligence. Data centre operator Equinix confirmed it was in preliminary talks with Telecity. Although nothing is firm, the board of Equinix believes the potential deal would create a more compelling combination than the proposed merger with Interxion Holding and that it would deliver greater value for Telecity shareholders.
Equinix Data Center in Melbourne Live, Boasts 30 Clients
2015-02-02 23:02:41| Telecom - Topix.net
More than 30 customers have taken space at the recently launched Equinix data center in Melbourne, its first facility in Australia's second most populous city, the company announced. The Redwood City, California-based colocation giant announced plans to build a $60 million data center in Melbourne , called ME1, in January 2014.
Tags: data
center
live
clients
Telstra plans hook up to Equinix Australian data centres
2014-09-23 07:26:05| Telecom - Topix.net
Telstra is establishing points of presence in Equinix's SY3 Sydney and ME1 Melbourne data centres to deliver telco/media services to its customers who use Equinix's facilities. The partnership has come about due to demand from Telstra's enterprise and cloud provider customers for low latency content delivery in Australia.
Tags: data
plans
australian
centres
Microsoft offers Equinix customers private Azure access
2013-10-08 14:16:06| InfoWorld: Top News
Microsoft will soon allow customers of Internet business exchange (IBX) provider Equinix to directly connect servers into the Windows Azure network, which could speed throughput of hybrid cloud applications. Equinix has a number of customers who don't want to use the Internet to access Azure, said Chris Sharp, Equinix general manager for cloud services. "They want high-throughput, LAN-centered connectivity," he said.
Tags: private
access
offers
customers