Equinix the global interconnection and data center company completed the acquisition of Metronode, a leading data center provider to become the market leaders in Australia with 15 International Business Exchange (IBX) data centers nationwide. It also expands company’s operations in Sydney and Melbourne, and provides a presence in four new markets Perth, Canberra, Adelaide and Brisbane.
Samuel Lee, President for Equinix Asia-Pacific
The closure follows an agreement Equinix made with Ontario Teachers’ Pension Plan in December 2017 to acquire all the equity interests in Metronode group of companies in an all-cash transaction for approximately US$804 million.
Samuel Lee, President of Equinix Asia-Pacific said, “The acquisition of Metronode ensures Equinix will continue to strengthen its leadership position in the Asia-Pacific region and support our ongoing global expansion while further enabling Australia’s digital economy. Equinix is increasingly helping customers to digitally transform their businesses through deploying high-level interconnections taking their infrastructure, applications and services closer to customers and partners.”
