EXPANDING INTO CHILE AND PERU
Global digital infrastructure company, Equinix, has announced it plans to acquire four data centers from Empresa Nacional De Telecomunicaciones S.A. (Entel), a Chilean telecommunications provider.
Valued at US$705 million, this acquisition is expected to expand Equinix’s footprint into Chile and Peru. As disclosed, the transaction includes three data centers in Chile and may also include one data center in Peru pending finalization of a definitive agreement.
“Latin America holds enormous potential, and our commitment to the region has exponentially grown since we entered back in 2011,” said Charles Meyers, President and CEO of Equinix Inc.
“Chilean, Peruvian and multinational companies are thirsting for the digital infrastructure required to thrive in today’s economy; with today’s expansion, we’re broadening digital access and accelerating digital transformation across Latin America, while supporting growth in a responsible and sustainable manner.”
The three data centers in Chile includes a multitenant data center in Ciudad de los Valles, Santiago; a downtown Santiago site which is adjacent to the Entel Tower; and a Longovilo facility which supports the backup and disaster recovery needs from financial institutions. The Peruvian data center is a Tier III facility located in Lima, the capital of Peru.
“This strategic partnership with Equinix, a world leading digital infrastructure company, allows us to focus our resources on businesses that add value to our customers,” said Antonio Büchi, CEO of Entel.
“Entel has transformed over the years, and this partnership, which is more than an infrastructure transaction, is intended to set an important milestone in our strategic plan to extend our offerings into delivering digital services and provide expertise with new solutions that will accelerate our client’s digital transformation.”
This acquisition is expected to close in Q2 2022, subject to the satisfaction of customary closing conditions, and upon the close of this transaction, approximately 120 Entel employees and contractors are expected to become Equinix employees or contractors under the terms of the agreement.
This announcement follows Equinix’s acquisition of MainOne, a Nigerian data center and connectivity solutions provider with footprints across West Africa.