Equinix has completed the acquisition of the Indian operations of GPX Global Systems, picking up two data centers in Mumbai for $161 million.
Announced in August 2020, the acquisition marked Equinix’s first entry into India.
The two new facilities, dubbed Equinix MB1 and MB2, provide an initial 1,350 cabinets, with an additional 500 cabinets to be built out. The facilities total more than 90,000 square feet (8,200 sqm) of colocation space.
India's first Tier IV design-certified facility, GPX Mumbai1 is a 30,000 sq ft (2,800 sq m) data center, while Mumbai2 will add 60,000 sq ft (5,600 sq m) when it is fully built out. Opened in December 2019, it too has an Uptime Tier IV design certification.
"India presents enormous opportunities for digital leaders in Asia-Pacific. Bringing Platform Equinix to India not only solidifies Equinix's position as the leading digital infrastructure provider in Asia-Pacific, but also provides a new option to 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, who previously led the India operation of GPX, has been appointed as managing director of Equinix India.
"Extending Platform Equinix to India with the addition of two world-class, highly interconnected data centers provides a platform for additional expansion across the country, and I am excited about the opportunities ahead for Equinix,” added Paul.
J.P. Morgan, Cyril Amarchand Mangaldas, and Deloitte Touche Tohmatsu India LLP were advisors to Equinix, and KPMG and Kanga & Co were advisors to GPX.