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EU: Regulators conditionally approve Equinix’s purchase of Telecity

By  |  November 15, 2015

European regulators on Friday said they had approved US data center operator Equinix’s $3.7 billion purchase of Telecity Group on condition it sold off data centers in Amsterdam, Frankfurt and London.

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    “With the ever growing economic importance of ‘cloud’ services, it is crucial to maintain competition between data centers,” Competition Commissioner Margrethe Vestager said in a statement.

    “The Commission is satisfied that the commitments offered by Equinix will ensure that companies continue to have a choice for hosting their data at competitive prices.”

    Full content: Data Center Knowledge

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