0
Broadband

Equinix tries to woo Telecity away from Interxion

Thursday 7 May 2015 | 08:34 CET | News
Data centre operator TelecityGroup said it has received an approach from Equinix, regarding a possible offer for Telecity at GBP 11.45 per share. Around 45 percent of the consideration would be payable in cash and 46 percent in Equinix stock. Telecity and Interxion recently signed an agreement that prohibits the parties from soliciting or discussing alternative proposals except in limited circumstances. One of the exceptions is where the directors of the relevant party believe they are required to do so by virtue of their fiduciary duties or other applicable law. In that light, Telecity has

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Fixed / Internet
Companies: Equinix / Interxion / TelecityGroup
Countries: Europe
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Aqua Comms expands presence to Interxion's Copenhagen campus

Published 21 Jun 2019 15:21 CET | Denmark
Interxion Holding entered into an agreement with Aqua Comms, the operator of subsea fibre-optic networks interconnecting the US ...

Telecity opens new data centre in Helsinki

Published 26 Oct 2015 11:08 CET | Finland
Telecity has announced the opening of Helsinki 6, the company's sixth data centre in the Finnish capital. The new facility will ...

TelecityGroup offers Microsoft Azure ExpressRoute for Office

Published 01 Oct 2015 10:09 CET | World
TelecityGroup announced the availability Microsoft Azure ExpressRoute for Office 365 via its Cloud-IX platform. Customers can now ...

Equinix hoists revenues, EBITDA above guidance in Q2

Published 30 Jul 2015 10:47 CET | World
Data centre operator Equinix said second quarter revenues went above the company's guidance to USD 665.6 million, up 10 percent ...

Telecity revenues unchanged at GBP 173.5 mln in Q2

Published 29 Jul 2015 10:08 CET | Europe
Data centre operator Telecity said revenues for the first half of the year were broadly flat from the year before at GBP 173.5 ...

Interxion again repeats outlook as Telecity deals ends

Published 29 May 2015 16:39 CET | Europe
Interxion said it has terminated its agreement for an all-share merger with Telecity, following Equinix's successful bid for the ...

Equinix to buy Telecity for GBP 2.35 billion

Published 29 May 2015 09:20 CET | United Kingdom
US data centre operator Equinix has reached an agreement to acquire UK-based Telecity for GBP 2.35 billion in cash and shares. ...

Digital Realty rejects rumours of bid for Telecity

Published 14 May 2015 10:04 CET | World
Digital Realty Trust has rejected press speculation that it may enter the bidding for data centre operator Telecity. Digital ...

Interxion maintains outlook as Q1 revenues rise 15%

Published 07 May 2015 16:58 CET | Europe
Data centre operator Interxion maintained its outlook for the full year after reporting another quarter of solid growth, driven ...

Telecity expects revenue growth of 6.5% in Q1

Published 07 May 2015 12:00 CET | World
Data centre operator Telecity issued a trading update for its first quarter, confirming its 2015 full year guidance for revenue ...





Calendar   /   Industry Events

19 Jan Fujitsu ActivateNow: Technology Summit
20 Jan Limelight Networks Q4 2021
20 Jan Netflix Q4 2021
25 Jan Ericsson Q4 2021
25 Jan Microsoft fiscal Q2
25 Jan F5 fiscal Q1
25 Jan Verizon Q4 2021
25 Jan European 5G Conference
26 Jan AT&T Q4 2021
26 Jan Corning Q4 2021
26 Jan Intel Q4 2021
26 Jan Calix Q4 2021
26 Jan Crown Castle Q4 2021
27 Jan Extreme Networks fiscal Q2
27 Jan Samsung Electronics Q4 2021
27 Jan Juniper Networks Q4 2021
27 Jan STMicroelectronics Q4 2021
27 Jan MTN Nigeria Q4 2021
27 Jan Elisa Q4 2021
27 Jan Rogers Communications Q4 2021
27 Jan Comcast Q4 2021
27 Jan Apple fiscal Q1
27 Jan FCC meeting
::: More Calendar Items