EQUINIX INC acquired Itconic (and subsidiary CloudMas) for Cash purchase price of EUR 220.5 million, or approximately $259.1 million at the exchange rate in effect on October 9, 2017, a transaction completed in October 2017, structured as all cash.
Itconic (and subsidiary CloudMas) operates in Data centers / colocation - EMEA (Spain & Portugal), is based in Spain and Portugal (Madrid x2, Barcelona, Seville, Lisbon). Itconic, a data center provider in Spain and Portugal, including CloudMas, an Itconic subsidiary focused on supporting enterprise adoption and use of cloud services. The acquisition included five data centers in four metro areas - two in Madrid and one each in Barcelona, Seville and Lisbon.
Equinix acquired Itconic to expand into the Spanish and Portuguese data center markets and add cloud-enablement capability via CloudMas.
Five data centers in four Iberian metros plus the CloudMas cloud-enablement subsidiary. Equinix EMEA region
On October 9, 2017, the Company completed the acquisition of Itconic for a cash purchase price of EUR 220.5 million, or $259.1 million at the exchange rate in effect on October 9, 2017.Equinix FY2018 10-K, business combinations disclosure
Advisory firms were not disclosed for this transaction.