Equinix closes sale of 16 IBX data centres in US to investment group 

Equinix closes sale of 16 IBX data centres in US to investment group

Nov 02, 2012 (Menafn - M2 EQUITYBITES via COMTEX) --Equinix Inc EQIX, interconnection and data centre company, divested 16 of its International Business Exchange (IBX) data centres across the US to an investment group comprising 365 Main, Crosslink Capital, Housatonic Partners and Brightwood Capital, it disclosed on Thursday.

The company has now exited nine markets and will retain a presence in the remaining seven markets, Chicago, Dallas, New York, Philadelphia, Reston, Seattle and Silicon Valley in which it has sufficient capacity to meet customer demand at present.

Additionally, the company's customers and main employees with experience in these 16 data centres have been transferred to 365 Main to facilitate a seamless transition and ongoing support for customers.

President Charles Meyers stated, "By divesting these data centres in non-core markets, we can focus our capital and management attention on our most productive data centres while ensuring that customers at these sites are supported by an experienced data centre operator that will continue to invest in these locations."

Financial details were not mentioned.

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