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Côte d'Ivoire

The Tech Capital Equinix officially begins to operate in Africa as $320m acquisition closes

Equinix, Inc. (Nasdaq: EQIX) has completed its deal to acquire West African data centre and connectivity solutions provider MainOne for an enterprise value of US$320 million. The closing of the transaction marks the beginning of activity by the world’s largest data centre operator which currently enjoys a market capitalisation of US$65.5 billion. The now absorbed MainO...

The Tech Capital Equinix buys West Africa’s MainOne in $320m deal expanding into the continent for the first time

Equinix, Inc. (Nasdaq: EQIX) said it will expand into the African continent for the first time through acquiring West African data centre operator MainOne. The transaction has an enterprise value of US$320 million and is expected to be AFFO accretive upon close, excluding integration costs. The acquisition is expected to close Q1 of 2022, subject to the satisfaction of c...

December 07

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