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06 February 2017
| James Pearce
Equinix has completed the acquisition of IO’s UK data centre business, immediately adding 350 cabinets of sold capacity to its existing UK footprint.
IO’s facility, which is based in Slough, opened
in 2015 and will now be renamed LD10. It is located close to
Equinix’s existing Slough data centres, LD4, LD5
Equinix plans to expand the LD10 campus to offer colocation
space of around 3,340 cabinets. It will tethered to the other
Slough data centres, offering low latency connectivity to key
markets from London, such as 30ms to New York and 4ms to
Equinix did not disclose the value of the deal, but IO
generated around $1.4 million from its UK business in the year
up to December 2015.
The acquisition takes the total number of data centres in
Equinix’s portfolio to 147 across 40 markets. It
supports nearly 1,300 companies through its UK footprint, with
access to more than 200 network service providers.
Eric Schwartz, president, EMEA, Equinix: "London remains a
global economic engine, with leading enterprises and cloud
service providers making it a primary hub for IT
"Adding additional interconnection and capacity in this
market enables local and international customers to leverage
Platform Equinix to meet their changing business needs
– whether that is to connect to networks, clouds, or
financial markets – Equinix is the place to be."