Why data is the ‘oil’ of modern M&A
Merger and acquisitions (M&A) are big in tech and have been so in the digital infrastructure space. So much so that the market often says there is way more...
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US digital infrastructure REIT Equinix, Inc. (Nasdaq: EQIX) has extended Platform Equinix deeper into Latin America following the completion of the acquisition of four data centres in Santiago, Chile from Empresa Nacional De Telecomunicaciones S.A. (Entel). Equinix has also announced it has sign...
May 04
Equinix, Inc. (Nasdaq: EQIX) has reported a Q1 revenue increase of 9% over the same quarter last year to US$1.7 billion, or 10% on a normalized and constant currency basis, representing the company's 77th consecutive quarter of revenue growth. Operating Income was US$267 million, a 7% increase over Q1 2021 and an operating margin of 15%. Adjusted EBITDA topped US$800 mil...
April 28
Brazilian asset manager Pátria Investments Ltd (NASDAQ: PAX) has reportedly begun the process to sell its data centre business unit Odata. The transaction, according to sources familiar with the matter heard by local newspaper Valor Economico, could ramp up as much as US$1 billion for the unit, in what has the potential to become one of Latin America’s largest data centr...
April 12
The world largest data centre real estate investment trust (REIT) Equinix, Inc. (Nasdaq: EQIX) said it is expanding into Chile and Peru through the acquisition of four data centres from Empresa Nacional De Telecomunicaciones S.A. ("Entel"), a Chilean telecommunications provider. In total, the American operator is investing US$705 million with the transaction expected to clo...
March 21