Equinix, Inc., the world’s digital infrastructure company, announced that it has extended Platform Equinix into the strategic Indian market, following the completion of the acquisition of the India operations of GPX Global Systems, Inc. (GPX India). The US$161 million all-cash transaction includes a fiber-connected campus in Mumbai with two data centers. Equinix’s expansion into India will unlock opportunities for Indian businesses expanding internationally and for…
Tag: Jeremy Deutsch
Equinix announces acquisition of GPX India
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•Equinix, the global interconnection and data center company, announced its expansion into India through the acquisition of the India operations of GPX Global Systems. The all-cash transaction value of $161 million represents a multiple of approximately 15x the projected EBITDA at full utilization. The acquisition will extend Platform Equinix to India with the addition of…