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Equinix finishes €189.8M deal for Digital Realty's Paris data center

Aug. 01, 2016 5:20 PM ETEquinix, Inc. (EQIX) StockBy: Jason Aycock, SA News Editor
  • Equinix (NASDAQ:EQIX +1.6%) has wrapped its deal for the Paris data center of Digital Realty (DLR +2.1%) for €189.75M (about $211M).
  • That adds about 1,000 cabinets of sold capacity to the 5,000 already sold in Equinix's PA2 and PA3 data centers and allows for another 1,000 cabinets worth of space in existing buildings.
  • Equinix and Digital Realty had set the deal early in July, coinciding with an $874M purchase by Digital Realty of eight data centers from Equinix.
  • The transactions were part of a divestment requested by the EC tied to Equinix's purchase of TelecityGroup.

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