BT Sells Two Dublin Data Centres to Equinix for €59 million

BT Sells Two Dublin Data Centres to Equinix for €59 million
Telecommunications Giant BT ⁤to Sell Dublin ⁣Data Centers to Equinix Global data center provider Equinix is set to acquire⁢ two data centers⁢ from BT Ireland, further expanding it’s footprint in Dublin. The deal, expected to close in the first half of‍ 2025, ⁣is subject ⁣to regulatory approvals and competition clearance. Equinix, a ‌major player in the ⁤data ​center industry wiht a⁤ presence in 72 locations‍ worldwide ⁢and over⁢ 260 data centers, already operates five facilities in Dublin. Its client roster boasts tech giants ⁣like ⁤Amazon, Oracle, Google,⁣ Netflix, Dell, and⁤ Zoom. This acquisition will strengthen Equinix’s position in the Irish data⁢ center market. This⁣ move reflects ‌BT’s strategic shift towards ‍an‍ “asset-light” model. BT Ireland ⁤managing director Shay⁣ Walsh explained that this approach involves partnering with ⁣larger, global organizations for data center services rather⁢ of owning and operating their ⁣own​ facilities. “This asset-light strategy and partnership approach for data-centre ‌services gives BT a much more ‌commercially ‌scalable ⁣and flexible model that delivers multiple benefits to customers with services available in over⁤ 560 locations worldwide,” BT stated. The partnership will allow BT to concentrate on its core competencies in ⁢cloud, networking, and‌ security, while Equinix‍ will gain⁤ access to BT’s existing customers and established infrastructure.⁢ “The deal builds on ‌our existing successful partnership with Equinix and ensures that customers⁢ will benefit from top-tier ⁤data-centre services nationally and globally,”​ said Walsh. Peter Lantry, managing director⁣ of Equinix Ireland, ‍affirmed that the acquisition will enable​ the ‌company to continue providing interconnection services to its​ clients. “We look⁤ forward to working closely with BT to ensure a seamless transition, welcoming its data-centre team and customers to Equinix and bringing ‍the scale, expertise, and investment that next generation data-centre facilities require for excellent service‌ delivery,” he said.

BT Ireland‍ Data Centres‍ up for Sale, company Restructures

Telecommunications giant BT has‍ been considering the sale of ⁢its Irish ⁣operations ⁢as the beginning ⁣of the year, with reports surfacing in September that⁣ they’d enlisted UBS to guide the process. ⁢ as part of this divestiture strategy, BT⁣ has been ⁤actively restructuring its Irish‌ presence. During the autumn,⁤ new companies ‌were established, prime among ⁤them BT data ⁤Centres Ireland. Shares in⁤ this newly⁤ formed entity were allocated to Extraclick, a UK-based ⁤company wholly⁤ owned by BT, at the start of this month. BT Business Telecoms ​Ireland was also launched⁣ at the end⁣ of⁢ last⁢ month. While BT does not provide residential services in Ireland, it⁤ holds a significant‍ position as the ​second-largest fixed-line wholesaler in the ⁢country. Irish data centre operator Equinix⁤ saw its profits halved last ‌year, dropping to €7.9 million. However, the company experienced⁤ a⁣ surge in revenue, rising​ from €49‌ million to over €65‍ million. This growth was further solidified by Equinix’s April investment in a⁤ Dublin business park, acquiring a building for €7 million.
## Archyde‍ Interview: Equinix Expands in ⁢Dublin with Acquisition of BT Data Centers





**Host:** Welcome back to Archyde Insights. Today, we’re discussing a significant advancement in the Irish data center landscape: the acquisition of two Dublin data centers from BT Ireland by global giant⁢ Equinix. To help us understand the implications of this deal, we’re joined by [Alex Reed Name], [Alex Reed Title] at [Alex Reed Company].Welcome to the show!



**Alex Reed:**‍ Thank you for having me.



**Host:** Equinix is already a major player in the data center industry,with a presence in 72 ⁣locations ‌worldwide. How does this ​acquisition fit into their ‌overall strategy?



**Alex Reed:** This move by equinix is a clear​ indicator‌ of their commitment to expanding their ⁣footprint in key ​global markets. Dublin has become a‌ hub for data ​centers in​ Europe, ⁢attracting⁢ major tech companies and offering a strategic location for global ⁢connectivity. By acquiring ​thes ​BT facilities, Equinix gains a strong foothold in this competitive market and ​strengthens their offerings for businesses seeking reliable ⁣and scalable data ‌infrastructure‍ in europe. [[1](https://www.peeringdb.com/fac/164)]⁤



**Host:** The deal is expected to close in the first half of 2025, pending regulatory approvals and competition clearance.What are ⁢some of the potential hurdles Equinix​ might face during this process?



**Alex Reed:** ⁢ Regulatory ⁣scrutiny is increasingly common for large-scale​ acquisitions, especially in ‌the tech sector.Antitrust ⁣regulations and ⁤concerns about market dominance are key factors that regulators will likely examine closely.Additionally, obtaining necessary clearances from relevant authorities might involve navigating complex procedures and perhaps addressing concerns raised by competitors.



**Host:** Looking beyond the immediate implications, what broader trends ​does ​this deal highlight within the data center industry?



**Alex Reed:** This acquisition reflects ‌the ongoing consolidation trend in the data ⁢center market. As demand for ‌data storage and processing capacity continues to surge, larger companies like‍ Equinix are strategically acquiring assets to expand⁣ their reach and scale ⁣their operations. We’re also witnessing a growing focus on sustainability and‍ energy ​efficiency within the industry, and it will be interesting to see how Equinix incorporates these considerations into ⁢the management of these newly acquired Dublin facilities.





**Host:** Thank you for sharing yoru insights, [Alex Reed Name]. This is certainly a development worth⁤ watching as it ⁤unfolds in the coming months. For our viewers, we’ll continue to follow this story and provide updates as they become available.

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