About This Deal
EQUINIX INC acquired Infomart Dallas for Approximately $804.0 million, funded with approximately $45.8 million in cash and $758.2 million aggregate fair value of 5.000% senior unsecured notes, a transaction completed in April 2018, structured as combination.
Infomart Dallas operates in Data centers / colocation - Americas (Dallas), is based in Dallas, Texas, United States. The 1.6 million-square-foot Infomart Building in Dallas, including its operations and tenants, where Equinix had already been operating four Equinix data centers. Acquired for approximately $804.0 million.
Equinix acquired the Infomart Dallas carrier hotel, where it already operated four IBX data centers, to own the strategic interconnection-dense Dallas facility outright.
Owning the interconnection-dense Infomart Dallas carrier hotel (1.6M sq ft) where Equinix already ran four IBX data centers. Equinix Americas region
Deal Terms
Transaction Details
In Their Words
On April 2, 2018, we completed the Infomart Dallas Acquisition for a purchase price of approximately $804.0 million, which was funded with approximately $45.8 million in cash and $758.2 million aggregate fair value of 5.000% senior unsecured notes.Equinix FY2018 10-K, business combinations disclosure
Advisors
Advisory firms were not disclosed for this transaction.
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