The Dallas Infomart begins a new chapter this week with the opening of the $142 million Equinix DA11, a purpose-built data center, which expands the iconic carrier hotel property into a multi-building cloud campus.
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Global colocation giant Equinix will buy a portfolio of 13 data center sites from Bell Canada (BCE) for $750 million in cash, the companies said today.
Colocation giant Equinix is “in advanced discussions” to acquire a portfolio of data center sites, and has announced plans to sell $1.25 billion in common stock to fund the deal.
Citing the need for “urgent action” to protect staff and uptime from the spread of the Coronavirus (COVID-19), colocation provider Equinix will restrict customer access to its data centers in France, Germany, Italy and Spain.
With its $335 million acquisition of Packet, Equinx hopes to use bare metal servers to deploy colo as if it were cloud, evolving its business model to embrace a deeper push into services.
Equinix will buy Packet in a major push into edge computing. The acquisition will allow Equinix to accelerate its interconnected edge services and add a “bare metal” cloud offering.
In the next 5 years there will be a meteoric rise in data traffic flowing through network intersections, according to a new report from Equinix. That means data centers will become even more pivotal to the digital economy.
Data center providers Switch and Equinix have received a 2019 Green Power Leadership Award from the EPA, along with hyperscale operators Google and Microsoft and chipmaker Intel.
Equinix is now officially an investment grade company, joining Digital Realty as the only public data center providers to earn the coveted credit rating, which means lower rates on borrowing and access to a wider pool of capital to fund growth.
Equinix will form a joint venture with Singapore’s sovereign wealth fund GIC to build six new hyperscale data centers in Europe. The JV will target the FLAP markets of Frankfurt, London, Amsterdam and Paris.