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MainOne’s acquisition finalised as Equinix announces ownership - Punch Newspapers

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The acquisition of MainOne has been finalised as Equinix Inc announced it has fully acquired the firm in a $320m deal.

According to Equinix, this is a part of its long-term strategy to become an African carrier-neutral digital infrastructure company. In a statement, the firm said, “This acquisition will extend Platform Equinix® into West Africa, giving organizations based inside and outside of Africa access to global and regional markets.

“Nigeria has both the largest population and the largest economy of any country in Africa, with approximately 142 million active Internet subscribers. Home to new innovative digital ecosystems in fintech and content and digital media, it has a great opportunity for expansion of digital services.

 

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