Equinix Acquires Three Data Centers in Philippines
Equinix has announced its planned entry into the Philippines with the acquisition of three data centers from Total Information Management (TIM). Equinix reports that the all-cash transaction represents a multiple of approximately 15x the projected EBITDA at full utilisation and is expected to close in the second half of 2024, subject to customary closing conditions. Also Read: Equinix Inks Solar PPA With Sembcorp for Singapore Data Centers Strategic Significance "Following... Read More