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Equinix sells data centre assets for USD 874 mln

2016-07-06 09:24:00| Telecompaper Headlines

(Telecompaper) Data centre operator Equinix has sold eight European data centre assets to Digital Realty Trust for USD 874 million. The sale of the data center assets was required by the European Commission as part of its approval of Equinix's purchase of TelecityGroup, which closed in January. Equinix has also agreed to buy, for EUR 189.7 million, Digital Realty's operating business in St Denis, Paris, including its real estate and data centre facility, which currently house Equinix's PA2 and PA3 International Business Exchange (IBX) data centers. The Paris deal, still subject to certain customary formalities, is expected to close in Q3.

Tags: data centre usd assets

Category:Telecommunications

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