Equinix has entered into a definitive agreement to purchase 24 new data centre sites and their operations from Verizon Communications, Inc. in a $3.6 billion deal.
These sites contain 24 data centre sites, which includes 29 data centre buildings across 15 metro markets in North and Latin America. They expand coverage to new markets such as Bogotá, Culpeper and Houston and they add a total of more than two million gross square feet of colocation capacity across these and existing key markets for Equinix, including Atlanta, Denver, Miami, New York, São Paulo, Seattle and Silicon Valley.
The transaction is expected to be completed by mid-2017.
According to Verizon, the sale is part of its strategy to focus its resources on areas which can help drive digital transformation for enterprise customers.
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