Equinix adds 13 Canadian datacentres to its portfolio as $178m Bell acquisition completes

Jeffrey Cuebas

Colocation big Equinix has added an supplemental five hundred new companies to its Canadian customer base pursuing the closure of its $780m acquisition of local datacentre operator Bell.

The offer, at first introduced in June 2020, will see Equinix enhance the selection of datacentres it operates in the state by thirteen, which equates to an additional one.two million gross square toes of datacentre ability being added to its general server farm portfolio.

In total, it now means the enterprise operates fifteen datacentres in Canada, which includes two in Toronto that have been operated under the Equinix manufacturer due to the fact 2010 and 2015 respectively.

Through the acquisition, it now has a even more 4 services in Toronto, as effectively as a few some others in Calgary, and single-internet site server farms in Montreal, Ottawa, Vancouver and Winnipeg, much too. Equinix has also added an supplemental one hundred sixty personnel to its workforce as a result of the offer.

With the acquisition now comprehensive, the enterprise claimed it will now established about deploying its software program-outlined networking-enabled Equinix Cloud Exchange Material (ECX Material) interconnection assistance across these web sites, so that customers can make datacentre-to-datacentre connections among services inside its 220-potent server farm portfolio.

In accordance to the enterprise, the offer will serve to “solidify” Equinix’s place as Canada’s “leading digital infrastructure provider” targeted on assembly the colocation requirements of companies based mostly in the state, and multinationals with satellite offices there.

On this issue, Jon Lin, president of the Americas at Equinix, added: “It strengthens associations with Canadian enterprises, many of which like local credentials and have multi-metro demands, while boosting associations with worldwide corporations seeking to operate in the Canadian industry.”

Jason Bremner, study vice-president of analyst residence IDC, claimed the acquisition is a savvy transfer on Equinix’s element, given Canada is house to the tenth largest financial system in the globe.

“It is also house to a thriving aggregation of multinational companies that are seeking a clear and rapid migration path to digital transformation,” he continued.

“We expect to see Canadian spending on digital transformation access C$28bn in 2020 with a development level of seven%, as companies appear to speed up their digital initiatives.

“This acquisition will offer both Canadian corporations and multinationals functioning in Canada with a potent new option for setting up out and running their digital infrastructure at critical edge metros inside the country,” he added.

The Canadian acquisition is the most current in a long line of offers the enterprise has struck in the latest occasions, as seeks to create on its industry dominance inside the colocation across the globe, and faucet into the demand from customers its viewing for ability from hyperscalers and enterprises a like.

These contain past month’s acquisition of two datacentres in India, which has paved the way for its enlargement into the state.

Meanwhile, info released in April 2020 by Synergy Investigate Team verified the datacentre industry is now making the most of a document year of M&A exercise, with the worth of offers shut now exceeding 2019 concentrations just 4 months into this year.

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