View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Data Centre
October 23, 2015

EC extends decision on Equinix, Telecity data centre merger

News: Competition authority needs more time.

By Joao Lima

The European Commission’s (EC) decision on colos Equinix and Telecity Group merger has been extended to November.

US data centre provider Equinix said the Commission has entered a period of market testing based on commitments proposed by both companies.

Seeking regulatory clearance from the European body, the US data centre provider also said these commitments seek a Phase I approval, which will not delay the original plan for the merger to take place in H1 2016.

The EU’s decision, previously expected by October 29, has now been scheduled for November 13.

Equinix announced its acquisition of Telecity in May for $3.7 billion ending plans for a $2.2 billion merger between Telecity and Nasdaq listed European data centre colocation provider Interxion.

 

Content from our partners
Powering AI’s potential: turning promise into reality
Unlocking growth through hybrid cloud: 5 key takeaways
How businesses can safeguard themselves on the cyber frontline

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU