Equinix acquires three Philippine data centers from TIM for expansion in Southeast Asia.
Equinix, a digital infrastructure company, announced its entry into the Philippines through the acquisition of three data centers from Total Information Management (TIM). This move follows recent expansions in Malaysia and Indonesia, and aims to help businesses expand in the fast-growing Southeast Asia region. The all-cash transaction is expected to close in the second half of 2024, subject to customary closing conditions.
July 23, 2024
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