Digital infrastructure company Equinix has completed the acquisition of four data centres in Chile from Empresa Nacional De Telecomunicaciones (Entel), a leading Chilean telecommunications provider.
Equinix has also signed an agreement to acquire one additional data centre in Peru, also from Entel. The enterprise value for the five data centres is said to be approximately US$735 million at current exchange rates. The deals were first announced in March.
The company says that the addition of four new data centres in the strategic Santiago, Chile metro — a growing data centre and technology hub — provides an opportunity for local businesses and multinational companies to accelerate their digital transformation while solidifying Equinix's position as the largest provider of digital infrastructure services in the region.
The four data centres in the Santiago metro include the Ciudad de los Valles location, which features two data centres with approximately 170,000 gross square feet combined; the downtown Santiago site, which features approximately 46,000 gross square feet; and the approximately 31,000 gross square foot facility in Longovilo, which is strategically located away from the city centre to meet the backup and disaster recovery needs of customers, including financial institutions.
The data centre in Peru is approximately 16,000 gross square feet and is a well-established site located in Lima.
By expanding its platform to the Southern Cone, Equinix will extend its presence to five countries in Latin America, including Brazil, Chile, Colombia, Mexico and Peru, operating 16 International Business Exchange (IBX) data centres in seven metros.
The new data centres offer significant expansion capacity for future growth in Santiago, allowing Equinix to support both immediate and future customer needs.
Under the terms of the agreement, Equinix and Entel have agreed to form a strategic partnership to enable enterprises to leverage hybrid multicloud solutions to accelerate their digital transformation.