With an Eye on the Street, Equinix to Become a REIT

Equinix continues to dominate in all major colocation markets, except China, where local providers have a tight grip on the market (Photo: Equinix)

Equinix plans to convert to a real estate investment trust (REIT), a move that may make the company’s shares even more attractive to investors. The colocation provider says the conversion will have no impact on its data centers or services, but will allow the company to pay distributions to shareholders, with an initial payout in 2014 of at least $700 million. Read More

365 Main Buys 16 Data Centers From Equinix

365 Data Centers operates in  210 N. Tucker, the St. Louis data center hub owned by Digital Realty. The company has 18 data centers around the U.S.

365 Main is back. The company has teamed with investors to acquire 16 data centers from Equinix for $75 million, returning to the data center market two years after it sold a portfolio of facilities to Digital Realty Trust. Read More

Joyent Extends its Cloud on Platform Equinix

Joyent is ready to expand its cloud platform, and is tapping the Platform Equinix network of data centers to do it. Joyent said today that it has deployed servers in Equinix data centers in northern Amsterdam and northern Virginia. Read More

As Equinix Expands in NJ, No Drag from NYSE

Inside one of Equinix's Tokyo data centers, circa 2012  (Source: Equinix)

When NYSE Technologies prepared to open its new data center in northern New Jersey, there was some concern from analysts that the NYSE’s expanded offering might have a negative impact on colocation firms selling space to high-speed traders. But recent data from one provider suggests it may have had the opposite effect. Read More

Equinix Building Data Center in Rio de Janeiro

Equinix continues to expand in South America. The company’s Brazilian business unit, ALOG Data Centers, plans to build a new International Business Exchange (IBX) data center in Rio de Janeiro, which will be the site of the 2016 Summer Olympics. Read More

Equinix Completes Asia-Tone Acquisition

Equinix has completed its $230 million acquisition of Hong Kong-based data center provider Asia Tone in an all cash transaction valued at $230.5 million, which will strengthen the colocation specialist’s position in the Asia-Pacific region, including China. Read More

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