Equinix has completed the acquisition of GPX Global Systems‘ Indian operations, paying $161 million for two data centres in Mumbai.
The acquisition, announced in August 2020, marked Equinix’s first foray into India.
Equinix’s two new data centres, dubbed Equinix MB1 and MB2, will initially house 1,350 cabinets, with an additional 500 to be built out. The facilities provide colocation space totaling more than 90,000 square feet (8,200 square metres).
GPX Mumbai1 is a 30,000 square foot (2,800 square metre) data centre, while Mumbai2 will add 60,000 square feet (5,600 square metre) when fully built out. It, too, has an Uptime Tier IV design certification, having opened in December 2019.
“India presents enormous opportunities for Asia-digital Pacific’s leaders. Bringing Platform Equinix to India not only solidifies Equinix’s position as Asia-leading Pacific’s provider of digital infrastructure, but also provides a new option for local enterprises and multinationals operating in India to interconnect and manage their digital infrastructure in Mumbai,” said Jeremy Deutsch, president of Equinix Asia-Pacific.
Manoj Paul, previously the managing director of GPX’s India operation, has been appointed managing director India.
“By extending Platform Equinix to India with the addition of two world-class, highly connected data centres, we are laying the groundwork for future growth throughout the country, and I am excited about the opportunities ahead for Equinix,” Paul added.
Equinix was advised by J.P. Morgan, Cyril Amarchand Mangaldas, and Deloitte Touche Tohmatsu India LLP, while GPX was advised by KPMG and Kanga & Co.
