In a major deal between the industry’s two largest players, Digital Realty has agreed to acquire eight data centers being divested by Equinix as part of the colocation firm’s purchase of Telecity Group. Meanwhile, Equinix now has an option to acquire a Digital Realty facility in Paris, strengthening its presence in a major European capital.
CEO Bill Stein said the deal will offer Digital Realty greater scale in the increasingly important European data center landscape.
“We have made several recent strategic investments in Europe, and this new portfolio – which is concentrated in three of the most strategically important data center and interconnection hubs in Europe – will immediately bring on board a large, diversified customer base and will also provide significant opportunities to grow and extend our footprint across the continent for years to come,” said Stein.
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