BT Group Plc has agreed to sell its data centre business in Ireland to Equinix for EUR 59 million. The deal, which includes two carrier-neutral facilities in CityWest and Ballycoolin, Dublin, will see the facilities, totalling 150,000 square feet, become part of Equinix's network of data centres. The transaction is expected to be completed during the first half of 2025, subject to competition and regulatory clearance, BT Group and Equinix said in a joint statement on Tuesday.
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Focusing on Core Areas
According to BT, this acquisition aligns with its asset-light strategy, shifting away from owning data centres to partnering with large-scale providers. BT plans to focus on its core areas of cloud, networking, and security, while Equinix enhances its interconnection services in Ireland and globally.
Managing Director of BT Ireland said, "The deal builds on our existing successful partnership with Equinix and ensures that customers will benefit from top-tier datacentre services nationally and globally, allowing BT to specialise in our core strengths in cloud, networking, and security."
Equinix Expands Its Interconnection Services
The Managing Director of Equinix Ireland, said, "This acquisition of assets from our existing facility enables us to continue to offer exceptional interconnection services from our unique global platform, augmenting the EUR 35 Million annual contribution to national economic output arising from Equinix's direct and indirect spend, measured in 2022."
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"We look forward to working closely with BT to ensure a seamless transition, welcoming their datacentre team and customers to Equinix and bringing the scale, expertise, and investment that next-generation datacentre facilities require for excellent service delivery for organisations in Ireland and globally," Equinix said.
Seamless Transition
In the coming months, Equinix will support the transition of the data centers from BT, ensuring uninterrupted operations for customers while integrating the facilities into its global platform.
