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...

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...

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...