CEO says will structure operations into three units, sell assets that don’t fit revised set up

Sector growth and maturity are fueling an M&A frenzy but often also unrealistic valuations.

The deal would be among the largest take-privates in the U.K. technology industry in recent years and marks the latest firm snapped up by a foreign buyer.

The talks come amid a steady stream of dealmaking for data centers, which are benefiting as companies around the world increasingly rely on third parties to manage their data.

The move shows CEO Gubitosi is pulling every lever to cut the former monopoly’s $32 billion debt pile and share the burden of infrastructure spending.

The colo giant confirms the Axtel data center deal, continuing to position for growth in emerging markets.

A news report says the telco is considering an IPO for its colocation assets.

If the deal happens, Equinix plans to use the assets as a platform for aggressive expansion in Latin America's second-largest economy.

Ntirety CEO Emil Sayegh discusses how the newly rebranded vendor is enabling hybrid and multicloud options as well as the current state of the cloud landscape.

EQT Partners and Digital Colony Partners also said to have partnered to pursue a potential deal for the company.