About This Deal

EQUINIX INC acquired MainOne Cable Company Ltd for $278.4 million, a transaction completed in April 2022, structured as Stock purchase (all outstanding shares).

MainOne Cable Company Ltd operates in EMEA. MainOne Cable Company Ltd., representing four data centers as well as a subsea cable and terrestrial fiber network across West Africa (Nigeria, Ghana, Cote d'Ivoire). The acquisition marked Equinix's entry into the African market.

Equinix acquired MainOne and its assets to expand into and meet customer demand in the West African market, entering Africa with data centers plus a subsea cable and fiber network.

Equinix's entry into Africa - four data centers plus a subsea cable and terrestrial fiber network across West Africa.

Deal Terms

Acquirer
EQUINIX INC
Target
MainOne Cable Company Ltd
Value
$278.4 million
Date
April 2022
Type
Acquisition
Status
Ready

Transaction Details

Segment
EMEA
Structure
Stock purchase (all outstanding shares)
Closed
April 1, 2022

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: SEC filing ↗

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