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Equinix completes Metronode purchase

Equinix has completed the acquisition of Metronode, a primary data centre provider operating facilities throughout Australia.

“This acquisition expands our national footprint and will enable us to help our customers interconnect at the digital edge throughout Australia,” said Equinix Australia MD Jeremy Deutsch. “We are thrilled to already see very strong demand from our existing customers and potential new customers, each expressing their desire to expand into the enlarged platform Equinix across Australia.”

Equinix said the Metronode purchase made it the market leader in Austraila, with its 15 International Business Exchange data centres nationwide. The move sees the firm expanding operations in Sydney and Melbourne, and opening up  PoPs in four new markets: Perth, Canberra, Adelaide and Brisbane.

“Digital transformation could add as much as A$45 billion (approximately US$35 billion) to Australia’s gross domestic product (GDP) by 2021, according to new joint research from Microsoft and IDC,” said Equinix. “The expanded Platform Equinix will provide significant opportunities for Australian organisations to continue their digital transformation, and move their IT infrastructure, applications and services closer to the digital edge in proximity to global customers and partners.”

The closure follows an agreement Equinix made with Ontario Teachers’ Pension Plan in December 2017 to acquire all the equity interests in Metronode group of companies in an all-cash transaction for A$1.035 billion, or approximately US$804 million.

 

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