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Colocation giant Equinix eats up IO's UK datacentre business

Equinix has hit the acquisition trail once again to snap up the UK business of US modular datacentre provider IO

Global colocation provider Equinix has expanded its datacentre footprint in Slough by purchasing IO’s UK business for an undisclosed sum.

The colocation giant already operates several datacentres close to where IO’s facility is sited in Slough, and said it plans to use the facility to help meet the growing need it is seeing for capacity in the UK.

IO’s 19.8 square metre site opened in 2015 and sported a modular design, whereby its customers’ servers were locked away in individual units inside the facility for sustainability and security reasons.

Its Slough site had financial services giant Goldman Sachs as an anchor tenant. Computer Weekly has contacted IO to find out if Equinix will inherit the contract as part of the acquisition or not, but had not received any response at the time of publication.

In a statement, Equinix said it intends to hook up IO’s former UK home to the firm’s existing Slough datacentres to boost its interconnection proposition, renaming it LD10.

It also plans to maintain and expand the number of modular datacentre units that are installed at the site, and add around 350 cabinets of additional sold capacity.

The transaction means Equinix now operates 147 datacentres in 40 markets, and – according to industry estimates – now occupies anywhere between 46,000-80,000 square metres of capacity in Slough alone.

Read more about Equinix

Eric Schwartz, Europe, Middle East and Africa (EMEA) president at Equinix, said building out its datacentre capacity within London and the wider south east of England will ensure it remains well placed to respond to growing customer demands for colocation.

“London remains a global economic engine, with leading enterprises and cloud service providers making it a primary hub for IT infrastructure,” he said.

“Adding additional interconnection and capacity in this market enables local and international customers to leverage Platform Equinix to meet their changing business needs – whether that is to connect to networks, clouds, or financial markets – Equinix is the place to be.”

Equinix is no stranger to the acquisition trail, having embarked on a series of big-money datacentre mergers in recent years, which have seen it swallow up TelecityGroup and a large portion of Verizon’s datacentre portfolio.

Its appetite for acquisition was hailed by analysts at Synergy Research Group in January 2017 for helping the firm become the largest colocation provider in the world.

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