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Broadband

Equinix to buy 24 Verizon data centres for USD 3.6 billion

Tuesday 6 December 2016 | 17:21 CET | News
Verizon has agreed to sell 24 data centres in the US and Latin America to Equinix for USD 3.6 billion cash. The deal is latest among US operators exiting the data centre business in order to focus more on managed services to business customers and follows Verizon agreeing nearly USD 10 billion in acquisitions in the past year, such as Yahoo, XO and Fleetmatics. The sale does not affect Verizon's managed hosting and cloud offerings, or its data centre services delivered from 27 sites in Europe, Asia-Pacific and Canada.

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Categories: Fixed
Companies: Equinix / Verizon
Countries: South America / United States
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