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Equinix to Acquire IXEurope Equinix has announced its firm intention to make an offer for the entire issued share capital of IXEurope Plc, a provider of colocation services in Europe. The acquisition comes as Equinix is in the midst of a more than USD450 million expansion programme in the U.S. and Asia-Pacific since 2006. Equinix will integrate IXEurope’s network-neutral data centre business and operations under the Equinix brand. IXEurope’s business includes 14 data centres comprising more than 380,000 square feet of net sellable space throughout Europe, including in London, Zurich, Frankfurt, Munich, Paris, Dusseldorf and Geneva. The company’s more than 450 enterprise and Internet customers include Merrill Lynch, Avis Europe, Deutsche Boerse, Citigroup, Rackspace and SurfControl. With the addition of IXEurope to Equinix’s announced expansions, Equinix will have a total footprint of more than three million square feet of data centre space across 17 markets in the U.S., Europe and Asia-Pacific. Equinix is targeting completion of the transaction in mid-September 2007. The closing and its timing are subject to the approval of IXEurope’s stockholders and the UK courts as well as satisfaction or waiver of other closing conditions. The deal values the British data centre group at around GBP240.9 million (USD481 million). Equinix’s European HQ will be in London.
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