Equinix Inc., a multinational that operates in the segments of data centers with free portability and traffic exchange to allow interconnections, announced that it concluded an agreement to acquire the data center in West Africa, MainOne, to provide connectivity solutions and mark the beginning of its expansion to the African continent.
According to African BusinessThis $320 million deal builds on the company's long-term strategy of digital infrastructure by being able to bring a full range of transformative technologies and connectivity to Nigeria, Ghana and Côte d'Ivoire.
This acquisition will also extend the Platform Equinix to West Africa, giving organizations based in and outside Africa access to global and regional markets.
Nigeria currently has the largest population and the largest economy in Africa, with around 142 million active subscribers on the Internet, according to the figures revealed, and is home to new innovative digital ecosystems in fintech and digital content and media, as well as having a great opportunity for the expansion of digital services, which is why the Equinix Platform is expected to be well disseminated in the country.
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Equinix believes that MainOne, which was acquired by the company in December 2021 and headquartered in Nigeria's capital Lagos, is one of the most exciting tech businesses to emerge in Africa, and the city is fast becoming a connectivity hub. key to the wider region of West Africa.
Founded by Funke Opeke in 2010, MainOne is a company that has been enabling connectivity for Nigeria's business community and now has digital infrastructure assets including three operational data centers.
This acquisition of MainOne marks the latest in a series of strategic acquisitions by Equinix, which also recently announced expansions in South America with the acquisition of three data centers from Entel, to accelerate digital transformation opportunities for local and multinational companies. .
