One of the world\u2019s digital infrastructure companies, Equinix, has announced its expansion into Africa through its intended acquisition of MainOne, a leading West African data center and connectivity solutions provider, with presence in Nigeria, Ghana and C\u00f4te d\u2019Ivoire.
\nThe transaction has an enterprise value of US $320M, as acquisition was expected to close Q1 of 2022, subject to the satisfaction of customary closing conditions including the requisite regulatory approvals.
\nMainOne\u2019s assets include three operational data centers, with an additional facility under construction expected to open in Q1 2022.
\nThese facilities would add more than 64,000 gross square feet space to Platform Equinix, in addition to 570,000 square feet of land for future expansions.
\nOthers are, an extensive submarine network extending 7,000 kilometers from Portugal to Lagos, Accra and along the west African coast, with landing stations in Nigeria, Ghana and C\u00f4te d\u2019Ivoire; A terrestrial network of more than 1,200 kilometers of reliable terrestrial fiber in Lagos, Edo and Ogun States.
\nivity to terrestrial sites extends across 65 points of presence (PoPs) in cities across Portugal, Nigeria, Ghana and Cote d\u2019Ivoire, with access to key internet exchanges enabling low latency to key global networks, including Amazon, Microsoft, Apple, Google and Facebook.
\nGlobally, Platform Equinix is comprised of 237 data centers across 65 metros and 27 countries, providing data center and interconnection services for over 10,000 of the world\u2019s leading businesses, including more than 50% of Fortune 500 companies.
\nMainOne Chief Executive Officer, Funke Opeke, during a live Television interview last Wednesday, said “Nigeria has been largely consumers of technology, by building infrastructure here. MainOne has been able to deliver more value chain here in Nigeria”.
\nAccording to her, “MainOne started that journey by building our own local infrastructure, been able to house content locally, been able to transport content in our market eleven years ago.<\/p>\n","protected":false},"excerpt":{"rendered":"
One of the world\u2019s digital infrastructure companies, Equinix, has announced its expansion into Africa through its intended acquisition of MainOne, a leading West African data center and connectivity solutions provider, with presence in Nigeria, Ghana and C\u00f4te d\u2019Ivoire. The transaction has an enterprise value of US $320M, as acquisition was expected to close Q1 of […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67],"tags":[],"class_list":["post-282855","post","type-post","status-publish","format-standard","hentry","category-icttelecom"],"_links":{"self":[{"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/posts\/282855","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=282855"}],"version-history":[{"count":1,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/posts\/282855\/revisions"}],"predecessor-version":[{"id":282860,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/posts\/282855\/revisions\/282860"}],"wp:attachment":[{"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=282855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=282855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=282855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}