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Equinix Announces the Addition of Five New Data Centers

Source: Youmans

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Equinix, the world's largest digital infrastructure company, announced that it has extended Platform Equinix deeper into Latin America following the completion of the acquisition of four data centers in Chile from Empresa Nacional De Telecomunicaciones S.A. (Entel), a leading Chilean telecommunications provider.

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Equinix also announced it has signed an agreement to acquire one additional data center in Peru, also from Entel, subject to the satisfaction of closing conditions. The enterprise value for the five data centers is approximately US$735 million at current exchange rates in effect on the dates of signing.

Equinix has a decade-long history in Latin America and currently operates 11 International Business Exchange (IBX) data centers in Brazil, Colombia and Mexico. The addition of four new data centers in the strategic Santiago, Chile metro—a growing data center and technology hub—provides an opportunity for local businesses and multinational companies to accelerate their digital transformation while solidifying Equinix's position as the largest provider of digital infrastructure services in the region. The new data centers offer significant expansion capacity for future growth in Santiago, allowing Equinix to support both immediate and future customer needs.  

Under the terms of the agreement, Equinix and Entel have agreed to form a strategic partnership to enable enterprises to leverage hybrid multicloud solutions to accelerate their digital transformation.

Tara Risser, President, Americas, Equinix, said:"We continue to see demand from businesses in Latin America, across all sectors, looking to transform their operations to be digital and cloud-enabled. Equinix's expansion into Chile and Peru accelerates digital transformation opportunities in this rapidly growing region and is a critical step in our long-term strategy to broaden digital access for our customers globally. Chile's access to sustainable energy sources such as solar, hydro and wind helps our customers in the region—as well as multinationals doing business with them—to grow responsibly and sustainably, which aligns with our global sustainability strategy."

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