Equinix, a global interconnection and data center company, has announced its expansion into India through the acquisition of the India operations of GPX Global Systems.
The acquisition will extend Platform Equinix to India with the addition of two world-class, highly interconnected data centers, providing a platform for additional expansion across the country.
Equinix customers will have access to a network-dense data center campus with more than 200 international brands and local companies
Both data centers are strategically located in Mumbai, home to the critical IT infrastructure of numerous global organizations and with international connectivity serviced by subsea cables at landing sites located nearby.
Charles Meyers, President and CEO, Equinix, said: “India represents the second largest Internet user base in the world, with consumption expected to grow with the continued advancement of Internet infrastructure, smartphone ownership and the penetration of 4G and 5G.
“Extending Platform Equinix to India has long been a strategic objective for Equinix and we are excited that the GPX transaction will allow us to capitalize on this market opportunity and meet the needs of our customers as they seek to expand their digital businesses.”
The all-cash transaction value of the acquisition is US$161 million and it is expected to close in Q1 2021.
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