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Equinix, Inc., a leading provider of network-neutral data centers and Internet exchange services, has announced that it has completed the acquisition of IXEurope plc originally announced by the company in June. The acquisition, which was approved by IXEurope's shareholders and UK courts, gives Equinix a strong presence in Europe and strengthens its position as the largest provider of global network-neutral colocation and network exchange services.
IXEurope is a leader in the European network-neutral colocation market. It operates 14 data centers comprising approximately 325,000 square feet of net sellable space throughout Europe, including centers in Dusseldorf, Frankfurt, Geneva, London, Munich, Paris and Zurich.
"The acquisition of IXEurope allows us to provide customers with a colocation solution globally and solidifies Equinix's position as the worldwide market leader in network-neutral colocation services, said Steve Smith, CEO of Equinix.
"Our entry into the European market is strategic to our worldwide expansion efforts, as the market demand for premium data center colocation and network-neutral exchange services continues to accelerate.
With immediate effect, Equinix will integrate IXEurope's network-neutral data center business and operations under the Equinix brand. The current IXEurope management team, including Guy Willner, IXEurope CEO, and Christophe de Buchet, IXEurope COO, will join Equinix and continue to operate the European business from the IXEurope London headquarters, which will now serve as Equinix's European regional headquarters.