Equinix completes acquisition of GPX Global India, appoints Manoj Paul as MD
The Nasdaq-listed company had in August last year announced the $161-million, all-cash deal to mark its entry into India’s data centre market, which is growing at about 15% and expected to reach $2 billion by 2025. The deal includes a fibre-connected campus in Mumbai with two data centres.
“Extending Platform Equinix to India with addition of two world-class, highly interconnected data centres provides a platform for additional expansion across the country, and I am excited about the opportunities ahead for Equinix,” Paul said. “With the global footprint of Equinix and the industry’s largest ecosystem, we are well-positioned to be a critical part as well as a driving force of the digital revolution in India, helping businesses to leap forward domestically and globally.”
Equinix has over 230 data centres across 65 metros in 27 countries globally, and is the world’s largest data centre company by revenue, according to Structure Research. The GPX acquisition gives it access to two data centres in India with over 350 customers.
“Equinix has big plans of expansion, both within Mumbai and in other cities, and we will announce this as we move along,” Paul said on future investments in India.
The company plans to introduce a full range of interconnection and digital infrastructure services once the business integration is completed. This would allow customers in India to connect in real time to more than 10,000 companies — including more than 1,800 networks and 3,000 cloud and IT services providers — through Platform Equinix.
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“Bringing Platform Equinix to India not only solidifies Equinix’s position as the leading digital infrastructure provider in Asia-Pacific, but also provides a new option to local enterprises and multinationals operating in India to interconnect and manage their digital infrastructure in Mumbai,” said Jeremy Deutsch, president of Equinix Asia-Pacific.
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