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Equinix in $735M Latin America Deals, Buys Four Data Centers in Chile

Equinix in $735M Latin America Deals, Buys Four Data Centers in Chile

Equinix Inc, a global digital infrastructure company, has extended its “Platform Equinix”  deeper into Latin America following the completion of the acquisition of four data centers in Chile from Empresa Nacional De Telecomunicaciones S.A., Entel, a leading Chilean telecommunications provider. 

Equinix also announced it has signed an agreement to acquire one additional data center in Peru, also from Entel, subject to the satisfaction of closing conditions. The enterprise value for the five data centers is approximately US$735 million at current exchange rates in effect on the dates of signing.

Equinix has a decade-long history in Latin America and currently operates 11 International Business Exchange (IBX®) data centers in Brazil, Colombia and Mexico. The addition of four new data centers in the strategic Santiago, Chile metro—a growing data center and technology hub—provides an opportunity for local businesses and multinational companies to accelerate their digital transformation while solidifying Equinix’s position as the largest provider of digital infrastructure services in the region. 

The new data centers offer significant expansion capacity for future growth in Santiago, allowing Equinix to support both immediate and future customer needs.


Inside The Story

Equinix Inc.Entel

About Ted Jackson

A highly successful financial journalist, corporate financial writer and magazine entrepreneur with strong expertise in writing on fixed income and pass-through securities (ABS), finance and banking, the economy, economic developments, financial markets, investing and personal finance, the business of behavioral healthcare and more.

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