Metronode
2018
Why
Expanded Equinix's footprint across Australia.
Equinix, Inc.
Digital infrastructureFounded 1998- HQ today: Redwood City, California
Reviewed by Swet Parvadiya
Company data updated: October 2026
Acquisitions
Equinix Acquisitions
6
Major Deals Covered
What are Equinix's biggest acquisitions?
This page covers 6 major deals from 2010 to 2018, each with its price where disclosed and the reason behind it.
- Major deals covered
- 6
- First deal
- 2010
- Most recent
- 2018
| Company | Year | Price | Purpose |
|---|---|---|---|
| Switch and Data Facilities Company | 2010 | Undisclosed | Expanded Equinix's North American colocation footprint into more U.S. and Canadian metros. |
| Asia-Tone | 2012 | Undisclosed | Added data centers in Hong Kong, Shanghai and other Asian markets. |
| Bit-isle | 2015 | Undisclosed | Deepened Equinix's presence in Tokyo and Osaka, Japan. |
| TelecityGroup | 2016 | Undisclosed | Made Equinix a leading interconnection provider in Europe. |
| Verizon data center portfolio | 2017 | Undisclosed | Added 29 data centers across the Americas. |
| Metronode | 2018 | Undisclosed | Expanded Equinix's footprint across Australia. |
- What companies has Equinix bought?
- Major acquisitions by Equinix documented here include Metronode (2018), Verizon data center portfolio (2017), TelecityGroup (2016), Bit-isle (2015) and Asia-Tone (2012).
- What is Equinix's most recent acquisition?
- The most recent Equinix acquisition documented here is Metronode, in 2018.
Verizon data center portfolio
2017
Why
Added 29 data centers across the Americas.
TelecityGroup
2016
Why
Made Equinix a leading interconnection provider in Europe.
Bit-isle
2015
Why
Deepened Equinix's presence in Tokyo and Osaka, Japan.
Asia-Tone
2012
Why
Added data centers in Hong Kong, Shanghai and other Asian markets.
Switch and Data Facilities Company
2010
Why
Expanded Equinix's North American colocation footprint into more U.S. and Canadian metros.
Equinix, Inc.'s Growth & Acquisition Strategy
Equinix is concentrating capital in its largest metros, adding AI-ready capacity with liquid-cooling support, scaling xScale campuses for hyperscale tenants, and entering new markets such as a purpose-built IBX in Kuala Lumpur announced in May 2026. Management pitches the platform as the place where enterprises connect private data to cloud and AI services with low latency and data-sovereignty controls.
How Equinix, Inc. Makes Money
Equinix earns mostly recurring monthly fees. Retail colocation customers lease cabinets or cages, pay for committed power, and then pay again for every cross-connect or virtual Equinix Fabric link to another network, cloud on-ramp or partner in the same building. Because thousands of customers sit side by side, each new tenant makes the facility more valuable to the others, which keeps churn low. A second engine is xScale: large single-tenant hyperscale campuses built through joint ventures with partners such as GIC, where Equinix holds a minority stake and earns development and management fees. In Q2 2026 xScale leases of 134 MW, including the Hampton campus, added about $120 million of one-time fees.
Equinix Acquisitions FAQ
What was the strategic significance of Equinix's 2007 acquisition of IXEurope?
Equinix acquired European data center operator IXEurope in 2007 for approximately $482 million in cash. The transaction marked Equinix's decisive entry into the European continent, instantly adding 14 operating data centers across the United Kingdom, Germany, France, Switzerland, and the Netherlands.
How did the acquisition of Switch and Data in 2010 expand Equinix's North American presence?
In 2010, Equinix acquired Switch and Data Facilities Company for $683 million in cash and stock. The acquisition expanded Equinix's footprint into 16 new North American metropolitan markets, adding 34 data centers and solidifying its colocation leadership across secondary U.S. and Canadian enterprise hubs.
Why was the 2016 acquisition of TelecityGroup transformational for Equinix in EMEA?
In 2016, Equinix acquired UK-based TelecityGroup plc for approximately $3.8 billion in cash and shares. The merger was the largest in data center history at the time, adding more than 40 premier facilities across major European financial and network hubs including London, Frankfurt, Amsterdam, and Paris.
What portfolio did Equinix acquire from Verizon Communications in 2017?
Equinix acquired a portfolio of 29 data center sites comprising 63 facilities across 15 metros in the Americas from Verizon for $3.6 billion in cash in 2017. The deal included the well-known NAP of the Americas in Miami, a primary interconnection gateway linking North America to Latin America and the Caribbean.
How did the acquisition of Packet in 2020 lay the foundation for Equinix Metal?
Equinix acquired automated bare-metal cloud infrastructure provider Packet in early 2020 for approximately $335 million. Packet's developer-centric automation technology was directly integrated into Platform Equinix to launch Equinix Metal, enabling on-demand, API-driven server provisioning at the edge.
How has Equinix expanded its footprint across Latin America through M&A?
Equinix built its Latin American leadership through several strategic acquisitions, including ALOG Data Centers in Brazil (2011), Itconic in Iberia (2017), Axtel's data center portfolio in Mexico ($175 million in 2020), and Entel's data centers in Chile and Peru ($705 million in 2022).
What was the purpose of Equinix's acquisition of MainOne in West Africa?
In 2022, Equinix acquired West African connectivity and data center provider MainOne for an enterprise value of $320 million. The transaction extended Equinix's footprint into Nigeria, Ghana, and Côte d'Ivoire, incorporating a 7,000-kilometer submarine cable system and major landing stations.
How did the acquisition of GPX India expand Equinix's presence in South Asia?
In 2021, Equinix completed the acquisition of GPX Global Systems' India business for $161 million, gaining two premier, highly interconnected carrier-neutral data center campuses in Mumbai that host key internet exchanges and direct public cloud access points.
What companies has Equinix acquired?
Equinix grew its massive global footprint through highly aggressive acquisitions. They bought the European giant TelecityGroup for $3.8 billion in 2016 to absolutely dominate London and Frankfurt, and paid $3.6 billion in 2017 to buy 29 massive data centers directly from Verizon.
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