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​Equinix completes AU$1b Metronode acquisition

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Equinix has completed the AU$1.035 billion acquisition of Australian datacentre company Metronode.

The closure follows an agreement Equinix made with Ontario Teachers' Pension Plan in December to acquire all the equity interests [1] in Metronode group of companies in an all-cash transaction.

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About 60 employees will join the Equinix team in Asia-Pacific as part of the acquisition.

The Metronode assets add more than 80,000 square metres of land to Equinix's global footprint, with a total of 10 new datacentre facilities.

As a result, Equinix now boasts 15 International Business Exchange (IBX) datacentres across Australia, expanding the company's operations in Sydney and Melbourne, and providing a presence in Perth, Canberra, Adelaide, and Brisbane.

In total, Equinix now has 200 datacentres in 52 markets following the acquisition, 40 of which will be in the Asia-Pacific region.

Equinix said it is also hoping to utilise Metronode's existing relationships with government agencies in Australia, and to continue providing capacity to the New South Wales' government's GovDC program[4] in two datacentres.

Metronode -- which made AU$60

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