Equinix Targets Telecity, Data Center M&A Heats Up

By | May 7, 2015

Scalper1 News

Equinix’s (EQIX) sudden $3.5 billion takeover bid for U.K.-based TelecityGroup, which had agreed to merge with Interxion Holding, could spur yet more data center operators to jump into the industry’s M&A fray, analysts say. Potential acquirers and takeover targets include Digital Realty Trust (DLR) and Coresite Realty (COR). Equinix stock was up 2% in morning trading in the stock market today, hitting a more than 14-year high above 270 earlier Scalper1 News

Scalper1 News