March 1, 2017

Equinix to acquire Zurich-based data center business

The company is purchasing the ICT-Center AG for approximately USD 5 million

Equinix, the global interconnection and data center company announced that it has entered into an agreement for the purchase of ICT-Center AG, the data center operating business in Zurich, Switzerland.

Equinix says that the new facility is adjacent to its existing Zurich International Business Exchange (IBX) data centers, ZH2 and ZH4. The new facility provides Equinix with the ability to expand its ZH4 IBX data center to further enable interconnection in this key European metro.

The agreement was signed on February 1st, 2017, and the acquisition is expected to close in April 2017 at a price of approximately USD 5 million.

Eric Schwartz, President, EMEA, Equinix said:

With the right to privacy and data protection enshrined in the Swiss constitution, combined with a fast, sound IT infrastructure, Switzerland continues to be a top destination for international business.

We believe this acquisition enables Equinix to provide more capacity and interconnection to customers who leverage Platform Equinix for access to network or cloud connectivity, or accelerate digital transformation.

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