GPX, the info centre firm with infrastructure in India that connects purchasers in India to Google and Amazon’s cloud companies, has bought its India enterprise to Equinix, the corporate introduced on Monday. The deal is an all-cash US$116 million transaction. “GPX Global Systems will now turn its attention to growing our business throughout Africa using our Egyptian business as the anchor for our expansion. We believe Africa represents a very similar opportunity that drove our investments in India, including rapidly increasing mobile usage, increased subsea fiber investments, and ever-increasing growth in content consumption and data usage,” GPX CEO Nick Tanzi stated. The transaction is topic to regulatory approval.
“GPX India offers a cloud dense environment and access to major cloud services, including Amazon Direct Connect, Google Cloud Dedicated Interconnect and Oracle Cloud Infrastructure FastConnect,” Equinix stated in a launch. This deal permits the corporate, an information centre big with annual revenues of $5.5 billion, entry into India. “Over the years, we have consistently received high levels of interest from our customers about servicing their interconnection needs in India,” Jeremy Deutsch, President of Equinix Asia-Pacific stated in a press release.
“GPX India facilities also host key internet exchanges such as Mumbai IX-DECIX, AMS-IX India, Extreme IX and Bharat IX, allowing ISPs, carriers, CDNs and large enterprises to exchange internet traffic,” Equinix stated. The info centre enterprise in India will probably be price US$1 billion by this 12 months, Equinix quoted John Dinsdale, a Synergy Analysis analyst, as saying.
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