EQUINIX INC acquired Axtel data center business (Mexico) for Approximately $189.0 million total purchase consideration, including $175.0 million in cash and $14.0 million paid to the seller for recoverable VAT, a transaction completed in January 2020, structured as all cash.
Axtel data center business (Mexico) operates in Data centers / colocation - Americas (Mexico), is based in Mexico (3 data centers). Three data centers in Mexico acquired from Axtel for a total purchase consideration of approximately $189.0 million. The acquisition supports Equinix's ongoing expansion to meet customer demand in the Americas region.
Equinix acquired three Mexican data centers from Axtel to expand in the Americas region and meet growing customer demand.
Three data centers expanding Equinix's Mexican and broader Americas footprint. Equinix Americas region
On January 8, 2020, the Company completed the acquisition of three data centers in Mexico from Axtel for a total purchase consideration of approximately $189.0 million, including $175.0 million in cash and $14.0 million the Company paid to the seller for recoverable value-added taxes ("VAT").Equinix FY2020 10-K, business combinations disclosure
Advisory firms were not disclosed for this transaction.