IO UK’ data centre business picked by Equinix
The addition of IO’s facility will help meet growing demand for digital infrastructure connectivity in UK and Europe.
Equinix, a global interconnection and data centre company, recently concluded a transaction for the purchase of IO UK's data centre business in Slough, United Kingdom.
IO UK's facility is expected to help support Equinix's existing data centre, as well as meeting growing demand for digital infrastructure connectivity in the UK and Europe.
Launch back in 2015, the facility, which will be renamed LD10, serves a development phase asset. From 31 December, 2015, IO UK generated an estimated $1.4m in revenues.
Eric Schwartz, president, EMEA, Equinix, said: "London remains a global economic engine, with leading enterprises and cloud service providers making it a primary hub for IT infrastructure. Adding additional interconnection and capacity in this market enables local and international customers to leverage Platform Equinix to meet their changing business needs - whether that is to connect to networks, clouds, or financial markets - Equinix is the place to be."
The LD10 International Business Exchange (IBX) data centre will join other facilities under Equinix Slough campus, which offers low-latency connectivity to key markets. For example, the facility boasts an exchange from London to New York in 30 milliseconds, and 4 milliseconds to Frankfurt.
Furthermore, LD10 will add almost 350 cabinets of sold capacity, as well as a total colocation space of an estimated 3,340 cabs once the facility is fully utilised.
Equinix is expected to maintain the Baselayer Modular Data Center units, which are already housed in IO UK's Slough data centre.