EQUINIX INC acquires Metronode (Australia)
Snapshot
EQUINIX INC acquired Metronode (Australia) for A$1.034 billion, or approximately $804.6 million at the exchange rate in effect on April 18, 2018 (cash) in April 2018. The transaction was structured as all cash. Metronode (Australia) is a Australia (10 data centers)-based Data centers / colocation - Asia-Pacific (Australia) business.
- Acquirer
- EQUINIX INC
- Target
- Metronode (Australia)
- Value
- A$1.034 billion, or approximately $804.6 million at the exchange rate in effect on April 18, 2018 (cash)
- Date
- April 2018
- Type
- full acquisition
- Status
- ready
The deal at a glance
About this deal
EQUINIX INC acquired Metronode (Australia) for A$1.034 billion, or approximately $804.6 million at the exchange rate in effect on April 18, 2018 (cash), a transaction completed in April 2018, structured as all cash.
Metronode (Australia) operates in Data centers / colocation - Asia-Pacific (Australia), is based in Australia (10 data centers). Australian data center provider Metronode and its 10 data centers, acquired for a cash purchase price of A$1.034 billion (~$804.6 million).
Equinix acquired Metronode to expand its Australian data center footprint with 10 data centers across the country.
10 Australian data centers materially expanding Equinix's Asia-Pacific footprint. Equinix Asia-Pacific region
No advisory firms have been disclosed for this transaction.