Equinix acquires Itconic

Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, has announced that it has closed the transaction for the purchase of Itconic, a data center, connectivity and cloud infrastructure solutions provider in Spain and Portugal, and Cloudmas, an Itconic subsidiary that is focused on supporting enterprise adoption and use of cloud services, the company said.

Equinix purchased the companies in an all-cash transaction totaling €215M (approximately USD 259M) from The Carlyle Group. The transaction includes five data centers in total in Madrid, Barcelona, Seville and Lisbon, expanding Platform Equinix™ into Iberia.

Equinix connects the world´s businesses to their customers, employees and partners inside the most interconnected data centers. In 48 markets across five continents, Equinix is where companies come together to realize new opportunities and accelerate their business, IT and cloud strategies. www.equinix.com.