Thursday, October 22, 2009

Equinix expands datacenters through buyout

Equinix has agreed to acquire Switch & Data Facilities in a $689 million deal that will bring together two of the world's largest operators of datacenters.

Equinix already operates 45 datacenters in the U.S., Europe and the Asia-Pacific region, which house infrastructure for customers including Google, Verizon, Sprint Nextel, Netflix and the Nasdaq stock exchange. With the Switch & Data acquisition, expected to close in the first quarter of next year, it will add 34 more across the U.S. and Canada.

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