Monday, May 14, 2012

Equinix to Acquire ancotel GmbH for Frankfurt Interconnect Facility

Equinix, agreed to acquire ancotel GmbH, a leading provider of carrier-neutral colocation and interconnection services in Europe.

ancotel operates a data center in Frankfurt with 2,100 square meters of capacity that serves more than 400 customers, including 200 new networks and 6,000 cross connects. ancotel’s assets also include edge nodes in Hong Kong, London and Miami. ancotel generated approximately $21.4 million in revenue in 2011, and has been growing at a greater than 20 percent CAGR for the past three years.

"The acquisition of ancotel significantly strengthens Equinix’s value proposition and capabilities both in Europe and globally," said Eric Schwartz, president, Equinix EMEA. "Both companies enjoy strong reputations in the market and serve the world’s leading companies. The agreement will also grow the total number of network customers available at Equinix from 700 to 900."