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Verizon Data Centers Being Bought by Equinix for $3.6 Billion
📅 - Another blockbuster deal was announced in the data center industry. Equinix will purchase a large portion of the data centers of Verizon Communications for $3.6 billion. Verizon has been trying to sell this portion of their data center business since the beginning of the year.
Equinix says it is purchasing 24 of the data center sites, which includes most of the sites Verizon acquired in 2011 from the acquisition of Terremark Worldwide. The deal is expected to be closed by the middle of 2017 and will give Equinix another 2.4 million gross square feet, while bringing their total data center numbers to 175.
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Reads: 927 | Category: General | Source: TheHN : The Hosting News
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