The company has completed the Telecity asset divestment and agrees on acquisition of facilities in Paris.
Equinix, Inc. has announced that it has closed the transaction for the sale of eight European data center assets to Digital Realty Trust, Inc. for approximately $874 million. The sale of these data center assets was required by the European Commission as part of its approval of Equinix's purchase of TelecityGroup plc, which closed in January 2016.
Additionally, Equinix and Digital Realty entered into an agreement for the purchase by Equinix for EUR €189,750,000 (approximately USD $211 million) of Digital Realty's operating business in St. Denis, Paris, including its real estate and data center facility, which currently houses Equinix's PA2 and PA3 International Business Exchange™ (IBX®) data centers. The Paris acquisition is subject to certain customary formalities, and is expected to close in Q3 of 2016.