Equinix today said it will pay $175 million in cash to acquire three Axtel data centers in Mexico.
Rumors surfaced yesterday that the Redwood City, California-based data center giant had its eye on the facilities — and entering the Mexican market. The three data centers generated about $21 million of revenues in the 12 months ending Dec. 31, 2018.
This latest purchase brings Equinix’s total invested in Latin America — Brazil, Colombia, and now Mexico — to $500 million. The new data centers will add about 1150,000 square feet of colocation space to the company’s portfolio. And when combined with earlier purchases including Dallas Infomart in Texas and NAP of the Americas in Miami, it will increase Equinix’s interconnection between North, Central, and South America.
“The three Axtel data centers that serve the Mexico City and Monterrey metros provide an optimal market entry for Equinix to bolster operations in the region and facilitate even greater interconnection within the Americas region and between the Americas, Asia, Australia and Europe,” said Jon Lin, president of the Americas at Equinix.
The company says it plans to offer its SDN-based Equinix Cloud Exchange Fabric at all three facilities.
Two of the data centers serve the Mexico City metro and are located in Querétaro. Both are carrier-neutral facilities with multiple diverse fiber entry points that include five network service providers operating within each data center.
The Monterrey-area facility is a key connectivity gateway between the U.S. and Mexico, Equinix says. It is also a carrier-neutral facility with 10 network service providers.
Equinix operates more than 200 data centers in 53 global markets.