Equinix seals $320 million MainOne acquisition deal

American firm, Equinix, a digital infrastructure company, yesterday, sealed its deal to acquire West African data centre and connectivity solutions provider, MainOne, for an enterprise value of $320 million. The deal marks its strategic expansion into the African market.
 
The completion of the acquisition augments Equinix’s long-term strategy to become a leading African carrier-neutral digital infrastructure company by being able to bring a full range of transformative technologies and connectivity to Nigeria, Ghana and Cote d’Ivoire.
 
According to a document made available to The Guardian, yesterday, this acquisition will extend Platform Equinix into West Africa, giving organisations based in and outside Africa access to global and regional markets. Nigeria has both the largest population as well as economy, with approximately 142 million active Internet subscribers…
 
More details through:
https://guardian.ng/business-services/equinix-seals-320-million-mainone-acquisition-deal/
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