Equinix snaps up 13 Bell Canada data centres in multi-million dollar deal

Equinix has unveiled a $750 million takeover of 13 data centres owned by Bell Canada as it launches a significant North American expansion.

The deal is subject to regulatory approvals and scheduled for completion later this year. It is expected to generate $105 million in ‘annualised revenue’, meaning Equinix is paying a revenue multiple of just over 7x.

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