Equinix has agreed to acquire BT’s datacentre business in Ireland, which includes two datacentres in CityWest and Ballycoolin, Dublin.
The €59 million transaction is expected to complete during the first half of 2025, subject to competition and regulatory clearance.
BT’s strategy internationally includes a transition away from owning and operating datacentre facilities, towards partnering with globally scaled organisations.
“This announcement with Equinix marks an exciting new chapter for our datacentre business in Ireland,” said Shay Walsh, Managing Director, BT Ireland.
“The deal builds on our existing successful partnership with Equinix and ensures that customers will benefit from top-tier datacentre services nationally and globally, allowing BT to specialise in our core strengths in cloud, networking, and security,” he added.
Peter Lantry, Managing Director, Equinix Ireland, said they look forward to working closely with BT.
“Equinix has a vital and long- established business in Ireland, with a strong track record of delivering huge value to individuals and companies throughout the Irish economy.
“This acquisition of assets from our existing facility enables us to continue to offer exceptional interconnection services from our unique global platform, augmenting the €35m annual contribution to national economic output arising from Equinix’s direct and indirect spend, measured in 2022.”