Data centres player Equinix on Tuesday announced the acquisition of GPX Global Systems' India operations for $161 million (around Rs 1,202 crore) in an all-cash deal.
GPX India has a fiber-connected campus in Mumbai with two datacentres and the deal is expected to close by March 2021 after mandatory approvals.
It can be noted that interest in the datacentres space has been going up over the last few years in India, with investments or big commitments being made. Policies like insistence on data localisation is being credited for the high interest.
Equinix will be adding more than 1,350 cabinets through