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New Deal


Announced

Equinix to acquire 13 data centre sites from BCE for $750m.

Financials

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Transaction Value£606m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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data centers sites

Data Centers and Hosting

Acquisition

Majority

Pending

Canada

Private

Single Bidder

Friendly

Cross Border

Synopsis

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Equinix, a global interconnection and data centre company, agreed to acquire 13 data centre sites from BCE, Canada's communications company, for $750m. "The acquisition of these 13 strategic assets further extends the depth and breadth of Equinix's global platform, which currently spans 26 countries and 55 metros. It will position Equinix as a market leader for data center and interconnection services in Canada, with high-quality assets from coast to coast and a large, diversified ecosystem of Canadian businesses. Additionally, it opens key gateways for North America to Asia through Vancouver and North America to Europe through the submarine cable systems in the Millidgeville area," Equinix Jon Lin, President, Americas.

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