Foster City, Calif. -- Equinix,a Foster City-based operators of data centers, said on Friday that it will raise about $308 million through a new public offering, selling nearly 3.7 million shares for $84.05 each. Concurrently, the company said that it will sell another $350 million in debt, due in 2014. Equinix said that it will use the bulk of the proceeds to fund its acquisition of IXEurope, a provider of colocation services in Europe. The deal, worth approximately $550 million, closed last week.
http://www.equinix.com/press/press/2007/09_21_07.php
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