Business
Equinix Completes US$780 Million Acquisition of 13 Bell Data Centers in Canada
Andrew Eppich Named Managing Director for Equinix in Canada REDWOOD CITY, Calif., Oct. 1, 2020 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's
About this update from Equinix, Inc.
[{"type":"text","content":"Andrew Eppich Named Managing Director for Equinix in Canada\n\n\nREDWOOD CITY, Calif., Oct. 1, 2020 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company, today announced the completion of its acquisition of 13 data centers1 in Canada and their operations from BCE Inc. (\"Bell\"). The US$780 million2 (CA$1,041 million) all-cash transaction includes more than 600 customers, of which more than 500 are new to Equinix, and approximately 1.2 million gross square feet of data center space. The deal solidifies Equinix's position as a leading digital infrastructure provider in Canada, enabling Canadian businesses, as well as multinationals with a presence in Canada, to leverage a trusted platform to bring together and interconnect the foundational infrastructure to power their success.\n\nEquinix also announced that Andrew Eppich, a six-year veteran of Equinix originally from Toronto, has been appointed Managing Director, Canada. In this role, Eppich will be responsible for defining Equinix's strategic vision to: develop the enterprise market; deliver a strong network of prospects, customers and channel partners; provide thought leadership to accelerate new business and revenue growth; and expand Equinix's role as a trusted advisor to companies as they expand their digital infrastructure.\n\nHighlights / Key Facts\nEquinix's expansion across Canada unlocks opportunities for Canadian businesses expanding internationally and for multinational corporations pursuing growth and innovation in the Canadian market. Canadian companies can benefit from the ability to accelerate their evolution from traditional to digital businesses by rapidly scaling their infrastructure, easily adopting hybrid multicloud architectures and interconnecting with strategic business partners within the Platform Equinix® ecosystem of nearly 10,000 customers. Equinix now operates 15 high-quality International Business Exchange™ (IBX®) data centers coast to coast in Canada. In addition to the two Toronto facilities (TR1 and TR2) that Equinix has operated since 2010 and 2015 respectively, the company now operates four additional data centers in Toronto (TR4, TR5, TR6, TR7), three in Calgary (CL1, CL2, CL3), and one in each of the following metros: Kamloops (KA1), Montreal (MT1), Ottawa (OT1)3, Saint John (SJ1), Vancouver (VA1) and Winni...