In just the last week, Equinix has closed two deals in two EMEA locations separated by 2,000+ miles. But both deals illustrate our commitment to a single strategy that’s long driven Equinix: steady, careful expansion ahead of demand for Interconnection, which digital business is increasingly realizing it can’t do without.
Today we closed the purchase of Itconic, giving us our first data centers in Spain and Portugal. This entry into the Iberian Peninsula gives us a new presence in Western Europe via two of its most important economies.
And on Oct. 6, we acquired the Zenium data center business in Istanbul. This is our second data center in Turkey, and it aims to help our local, regional and multinational customers grow in this increasingly important colocation and Interconnection market.
Istanbul is a bridge between Europe and Asia and even opens routes to Africa. Equinix’s global footprint isn’t just larger than it was last week, it’s also richer and more flexible.
Our acquisition of Itconic, a leading regional data center, connectivity and cloud infrastructure solutions provider, spans five data centers in four metros, including Madrid (2), Barcelona (1), Seville (1) and Lisbon (1).
The deal adds 322,000 square feet to our global digital ecosystems, and includes 400 customers. Those customers consist of 100+ networks and a range of leading enterprises, such as L’Oreal, Vueling, Deloitte and Real Madrid. The data centers are also home to more than 90 cloud and IT service providers – AWS, Microsoft Azure and Google Cloud among them.
The Itconic acquisition positions Equinix to support the data traffic growth between Europe, Latin America and Africa that’s being propelled by new subsea cable systems. The Lisbon data center, for instance, is connected to subsea systems including the African Coast to Europe (ACE) system and the West Africa Cable System (WACS).
The Itconic facilities are already active in a globally relevant interconnection hub, and a geographically important region for Equinix.
Read more on the Interconnections Blog +