Equinix acquires 10 data centres from Metronode in $800mn deal

Leading data centre company Equinix has expanded its portfolio after acquiring 10 more facilities across Australia from local firm Metronode in a deal worth AUD$1bn (USD$800mn).

The acquisition trebles Equinix’s Australian data centre portfolio to a total of 15, making the firm the largest data centre provider within the country. This gives Equinix a new footprint in four new markets – Perth, Canberra, Adelaide and Brisbane – whilst expanding the company’s existing presence in Sydney and Melbourne.

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“Equinix is doubling down in priority markets and breaking into emerging markets in a meaningful way through this acquisition,” said Jabez Tan, Research Director, Structure Research. “Meeting customer demand for multi-site campus locations and submarine cable connectivity while also providing hyperscale cloud verticals, places Equinix in a leading position in the Australian market.”

According to report from Microsoft, the digital transformation market could contribute up to USD$35bn to Australia’s GDP by 2021, with this latest acquisition bolstering Equinix’s position as a leading provider of such services within this market.

“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,” said Jeremy Deutsch, Managing Director of Equinix Australia.

The company’s entire portfolio within the Asia-Pacific region now includes 40 data centres, extending its global total to 200 data centres across 52 different markets worldwide.

For more insight into some of Equinix’s IT service offerings, see our exclusive Q&A with Oren Yehudai, Head of the company’s EMEA Channel Partner Program, about the importance of digital transformation here.