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The transaction is expected to close in the first half of 2025, subject to regulatory approval
Equinix has announced it will acquire BT Group’s datacentre business in Ireland for €59 million. The deal includes two datacentres in Dublin, located in CityWest and Ballycoolin, covering a total of 150,000 square feet.
This acquisition follows BT’s strategic review of its international operations and is part of the company’s shift toward an asset-light model. By stepping away from owning and operating datacentres, BT aims to focus more on its core strengths in cloud, networking, and security, while partnering with global companies like Equinix to deliver scalable datacentre services to its customers.
Shay Walsh, Managing Director of BT Ireland, explained that this deal marks an exciting new phase for the company’s datacentre business in Ireland. “This announcement with Equinix marks an exciting new chapter for our datacentre business in Ireland. The deal builds on our existing successful partnership with Equinix and ensures that customers will benefit from top-tier datacentre services nationally and globally, allowing BT to specialise in our core strengths in cloud, networking, and security,” he said in a press release.
Equinix a digital infrastructure company, has a long-established presence in Ireland. With this acquisition, Equinix will strengthen its position in the Irish market, offering customers more robust interconnection services through its vast global platform.
“This acquisition of assets from our existing facility enables us to continue to offer exceptional interconnection services from our unique global platform, augmenting the €35 million annual contribution to national economic output arising from Equinix’s direct and indirect spend, measured in 2022,” added Peter Lantry, Managing Director of Equinix Ireland.
In the coming months, Equinix will work closely with BT to ensure a smooth transition of the datacentres, with minimal disruption for customers. The two facilities will soon be fully integrated into Equinix’s global network.
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