Equinix has expanded into Africa with the acquisition of MainOne, a West Africa data center and connectivity solutions provider, for an enterprise value of $320 million.
Equinix said MainOne, headquartered in Lagos, Nigeria, is one of the most exciting technology businesses to emerge from Africa.
MainOne’s assets include four operational data centers, which will add more than 64,000 gross square feet of space to Platform Equinix, in addition to 570,000 square feet of land for future expansions. MainOne also has a 7,000-kilometer (4,350-mile) submarine network extending from Portugal to Lagos, and a network of more than 1,200 kilometers of reliable terrestrial fiber in Lagos, Edo and Ogun states.
Globally, Platform Equinix is composed of 240 data centers across 66 metros and 27 countries on six continents, providing data-center and interconnection services to more than 10,000 companies.