简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:Nasdaq-listed digital infrastructure company, Equinix today announced the completion of MainOnes acquisition. Last year, Equinix announced that the company will acquire the Lagos-headquartered firm for an enterprise value of $320 million.
The acquisition will play an important role in the companys expansion in Africa.
MainOne is headquartered in Lagos.
The acquisition will boost Equinix‘s presence in the growing market of Africa. MainOne’s strong network in Africa will help Equinix reach a broader market. The latest news from Equinix came on the back of a series of announcements regarding its global expansion.
Last month, the financial technology services provider confirmed its plan for expansion in Latin America through the acquisition of 4 data centers from Empresa Nacional De Telecomunicaciones in a deal worth nearly $705 million. The deal is expected to close in the second quarter of 2022.
Equinix highlighted that the rising number of internet users in Africa will play an integral part in the digital transformation of the region.
“Equinix believes MainOne, headquartered in Lagos, to be one of the most exciting technology businesses to emerge from Africa, and Lagos is rapidly becoming a key connectivity hub for the wider West Africa region. Founded by Funke Opeke in 2010, the company has enabled connectivity for the business community of Nigeria and now has digital infrastructure assets, including three operational data centers, with an additional facility in Lagos expected to open in April 2022,” the company explained.
Assets of MainOne
MainOne is a prominent name in Africa‘s technology sector. The company’s assets include 4 operational data centers and an extensive submarine network. MainOne has a team of approximately 500 employees.
“An estimated 800+ business-to-business customers, including major international technology enterprises, social media companies, global telecommunications operators, financial service companies, and cloud service providers. Globally, Platform Equinix is comprised of 240 data centers across 66 metros and 27 countries on 6 continents, providing data center and interconnection services to 10,000+ companies including more than 50% of Fortune 500 companies,” the fintech firm added.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
A 56-year-old trader from Gombak, Malaysia, recently lost more than RM1.6 million in a sophisticated online investment scam orchestrated through the popular messaging application, WeChat.
This article will provide an overview of these two strategies, examining what sets them apart and why each has its place in today’s markets.
The Financial Conduct Authority (FCA) has imposed a £16,675,200 fine on Metro Bank PLC due to critical shortcomings in its financial crime prevention systems. Between June 2016 and December 2020, Metro Bank’s inadequate transaction monitoring controls left more than 60 million transactions, valued at over £51 billion, exposed to potential money laundering risks.
Tradeweb and Tokyo Stock Exchange partner to improve ETF liquidity for global investors, offering streamlined access and competitive trading in Japan’s ETF market.