Equinix completed the acquisition of Zenium data center business in Istanbul for $93m.

Equinix, a global interconnection and data center company, completed the acquisition of a data center business in Istanbul from Zenium, which operates data centers, for $93m. "The dynamic evolution of digital technology is disrupting how business is done across all industries, forcing companies to invent new, information-centric business models. These business models rely on interconnection and distributed IT architecture. As the Turkish economy continues to grow, Istanbul will become an increasingly important hub for connectivity and technology infrastructure, and this new campus will help Equinix meet this demand from customers across our global customer base," Eric Schwartz, Equinix President of EMEA.