Data center REIT Equinix, Inc. (Nasdaq: EQIX) said Dec. 6 it has agreed to buy a portfolio of 24 data center sites from telecommunications company Verizon Communications Inc. for $ 3.6 billion in an all-cash transaction.
The 24 sites consist of 29 data center buildings across 15 metro markets in the United States and Latin America.
In a conference call, Steve Smith, president and CEO of Equinix, said the deal “positions us to continue to attract global data center demand.”