Equinix, an American multinational company that specializes in Internet connection and data centres, completed the acquisition of TelecityGroup, a European carrier-neutral datacentre and colocation centre provider, for $3.8bn. "The combination of Equinix and Telecity gives businesses more choice for interconnection, which is increasingly important in this highly digital age, when customers rely on connectivity to drive competitive advantage. I would like to take this opportunity to pay tribute to all the committed, talented employees at Telecity who together built Europe's premium data center business and remain committed to the smooth integration of our two companies," John Hughes, TelecityGroup Executive Chairman.