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Equinix Closes Metronode

April 2018 by Marc Jacob

Equinix, Inc. announced the completion of its
acquisition of Metronode, a leading data center provider operating facilities
throughout Australia.

The acquisition makes Equinix the market leader in Australia with 15 International
Business ExchangeTM (IBX®) data centers nationwide. It expands the company’s
operations in Sydney and Melbourne, and provides a presence in four new markets:
Perth, Canberra, Adelaide and Brisbane.

Digital transformation could add as much as A$45 billion (approximately US$35
billion) to Australia’s gross domestic product (GDP) by 2021, according to new joint
research from Microsoft and IDC. The expanded Platform Equinix® will provide
significant opportunities for Australian organizations to continue their digital
transformation, and move their IT infrastructure, applications and services closer
to the digital edge in proximity to global customers and partners.

The closure follows an agreement Equinix made with Ontario Teachers’ Pension Plan in
December 2017 to acquire all the equity interests in Metronode group of companies in
an all-cash transaction for A$1.035 billion, or approximately US$804 million.

Highlights/Key Facts:

• The Metronode assets add more than 860,000 square feet (80,000 square meters) of
land, 90 percent of which is owned, to the global portfolio of Equinix. These sites
add approximately 215,000 square feet (20,000 square meters) of gross colocation
space in Australia.

• The acquisition adds to Platform Equinix two data centers in Melbourne, and
three in greater Sydney (including one in Illawarra), meeting customer demand for
dual sites in each metro for redundancy and to host their data in network-rich,
hyperscale ready facilities. It also adds two data centers to the Equinix portfolio
in Perth, and one in each of Canberra, Adelaide and Brisbane, enabling businesses in
Australia to locate their data in multiple sites across the country.

• With Metronode’s strong existing customer base in government and proven track
record of supporting both federal and state levels, Equinix is now well-positioned
to serve both existing government agencies and new partners in this sector across
Australia.

• Additionally, the Metronode site in Perth will become the landing station for
the new Vocus Australia Singapore Cable. With the existing submarine cable
deployments at Equinix in Sydney, Equinix becomes a leading provider of
intercontinental connectivity, improving performance with lower latency and
increased flexibility for customers across Australia.

• The acquisition furthers local growth momentum. Equinix recently completed the
phase two expansion of its Sydney 4 IBX (SY4) and the phase three expansion of its
Melbourne 1 IBX (ME1) is expected to be completed in Q3 2018.

• The Equinix footprint in the Asia-Pacific region now includes 40 data centers
and extends the company’s global footprint to 200 data centers across 52 markets,
enabling customers with increased capacity to enhance their IT infrastructure at the
digital edge with Platform Equinix.

• About 60 employees will join the Equinix team in Asia-Pacific as part of the
acquisition.


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