Equinix, the global interconnection and data center company, has completed the acquisition of Metronode, a leading data center provider who operates colocation facilities throughout Australia.
The deal follows an agreement which Equinix made in December with Ontario Teachers’ Pension Plan to acquire all the equity interests of Metronode Group of Companies in an all-cash transaction.
Around 60 employees of Metronode will join the Equinix APAC team as a part of the acquisition.
“The acquisition of Metronode ensures Equinix will continue to strengthen its leadership position in the Asia-Pacific region and support our ongoing global expansion while further enabling Australia’s digital economy,” said Samuel Lee, President of Equinix Asia-Pacific. “Equinix is increasingly helping customers to digitally transform their businesses through deploying high-level interconnections taking their infrastructure, applications and services closer to customers and partners.”
With ten datacenter locations, Metronode will add around 80,000 square meters of land to the global footmark of Equinix. This will help Equinix to boast 15 International Business Exchange (IBX) datacenters, expanding the operations in Sydney and Melbourne, and presence in Perth, Canberra, Adelaide, and Brisbane.
Following the acquisition, Equinix now has 200 datacenters around the world, with 40 in APAC region.
Metronode has a strong customer base in government agencies in Australia. This acquisition will enable Equinix to serve them and new partners across the country.
“Equinix is committed to matching the growth of our customers and meeting their demands for digital transformation and innovation. This acquisition expands our national footprint and will enable us to help our customers interconnect at the digital edge throughout Australia,” said Jeremy Deutsch, Managing Director, Equinix Australia. “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.”
Furthermore, Equinix will use Metronode’s Perth datacenter as the landing station for Vocus Australia Singapore Cable.
In February this year, Equinix had announced to acquire Infomart Dallas for $800 million. The Infomart is one of the largest interconnection hubs in the US, which houses four of Equinix’s IBX datacenters.