Thursday, December 08, 2016

Three Dallas data centers trade as part of $3.6B deal

A California firm has made a $3.6 billion purchase of over two dozen data centers, including three in the Dallas area.
Equinix Inc. is buying 29 data centers in 15 markets in the U.S. and Latin America. The operations are being purchased from Verizon Communications Inc.
The Dallas-area centers included in the deal are in Irving and Richardson.
Equinix already has a half-dozen data centers in Dallas — at the Infomart on Stemmons Freeway, downtown on Bryan Street and in the Legacy business park in Plano.
The locations that Equinix is buying from Verizon service 900 customers and cover about 2.4 million square feet.
After the purchase is closed in mid-2017, Equinix will have 175 data centers in 43 markets around the world, covering 17 million square feet.
"This unique opportunity complements and extends Equinix's strategy to expand our global platform," CEO Steve Smith said in a statement. "It enables us to enhance cloud and network density to continue to attract enterprises, while expanding our presence in the Americas."
Steve Brown/Dallas Morning News