Redwood City-Based Equinix to Acquire Germany's ancotel

Redwood City, Calif. -- Equinix, a Redwood City-based provider of data center services, said on Wednesday it will acquire Germany's ancotel, a provider of colocation and interconnection services in Europe. Financial terms of the deal, expected to close after mid-year, were not disclosed. Equinix will gain one data center in Frankfurt with 2,100 square meters of capacity and increase its European network density by adding more than 400 network customers. ancotel's assets also include edge nodes in Hong Kong, London and Miami, giving Equinix additional points of presence in these markets. "The acquisition of ancotel significantly strengthens Equinix’s value proposition and capabilities both in Europe and globally," said Eric Schwartz, the president of Equinix EMEA.
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