Equinix finalizes $175m deal for three data centers in Mexico
Equinix has completed its acquisition of three data centers from Axtel that serve the Mexico City and Monterrey metro areas of Mexico.
Global interconnection and data center company Equinix Inc (NASDAQ:EQIX) today announces that it has completed its acquisition of three data centers from Axtel S.A.B. de C.V. (BMV: AXTELCPO) that serve the Mexico City and Monterrey metro areas of Mexico.
The $175 million all-cash dal brings Equinix’s data center and interconnection services to two new metros. As a part of the agreement, existing colocation customers within the three data centers will transition to Equinix. Axtel will be a customer as well as a strategic marketing partner of Equinix in Mexico.
The first facility is a 110,000 gross-square-foot data center with 37,000 square feet of colocation space. It is the first data center in Latin America with an energy cogeneration system. It also features ICREA (International Computer Room Experts Association) certification.
The second facility is currently an 80,000 gross-square-foot data center with 6,000 square feet of colocation space. This facility will provide Equinix with expansion opportunities of up to 60,000 square feet of colocation space.
The Monterrey area facility is a highly connected data center offering a key connectivity gateway between the U.S. and Mexico. It features 25,000 gross square feet of data center space with 12,500 square feet of colocation space. It is a carrier-neutral facility with 10 network service providers.
Equinix plans to offer Equinix Cloud Exchange Fabric (ECX Fabric) in all three data centers.
As previously guided, the deal is in line with Equinix’s strategy of expanding into attractive large-growth markets. This acquisition, when combined with the previous acquisitions of key traffic hubs in Dallas (Infomart) and Miami (NAP of the Americas), is set to further strengthen Equinix’s global platform by increasing interconnection between North, Central and South America.