On July 22, Equinix, Inc. announced that it plans to enter the Philippines market with the acquisition of three data centers from Total Information Management. This acquisition follows recently announced expansions in Malaysia and Indonesia.
Equinix, which currently operates 56 data centers in the Asia-Pacific region, reports that the new data centers will allow it to capitalize on the growing market.
Jeremy Deutsch, president of Equinix’s Asia-Pacific division, said the expansion presents immense opportunities for the company’s customers and partners.
“This strategic acquisition, combined with our recent expansions in Malaysia and Indonesia, as well as the awarded data center capacity in Singapore, will greatly enhance our footprint in the region,” said Deutsch in a press release. “This expanded digital infrastructure will also enable our customers to thrive and embrace digital transformation, harnessing the potential of emerging technologies like private AI.”
Equinix reports that the three carrier-neutral data centers include more than 1,000 cabinets of capacity and land for further expansion.
The deal is expected to close in the second half of 2024.
