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Equinix buys Asia Tone for $230m
11 Jul 2012
Acquisition of Hong Kong’s Asia Tone expands Equinix’s information centre footprint to 105 in 38 countries
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Equinix
Asia Tone
Hong Kong
information centres
disaster liberation
Data centre user Equinix has acquired Hong Kong’s information centre owners Asia Tone for $230 million in cash. The merger means Equinix now has 105 information centres in 38 markets.
The latest understanding brings one disaster liberation centre and 6 information centres in Singapore, Hong Kong and Shanghai.
President and CEO Steve Smith said: “With a merger of Asia Tone, Equinix is in a clever position to settle marketplace care in Asia-Pacific. As a fastest flourishing segment and one in high direct by customers, we see a extensive event to continue a lane record of expansion in Asia-Pacific.”
Asia Tone has over 80 clients opposite a region, out of that scarcely one-third are already Equinix’s clients.
Smith added: “With a increasing footprint in China and flourishing ability in Shanghai, we are good positioned to accommodate direct from multi-national business looking to enhance in this high-growth market.” GTB
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Article source: http://www.globaltelecomsbusiness.com/Article/3058964/Regions/25186/Equinix-buys-Asia-Tone-for-230m.html
