M&A Deal Summary

Equinix Acquires BCE - 13 Data Center Sites

On June 1, 2020, Equinix acquired information technology company BCE - 13 Data Center Sites from BCE for 750M USD

Acquisition Highlights
  • This is Equinix’s 11th transaction in the Information Technology sector.
  • This is Equinix’s 3rd largest (disclosed) transaction.
  • This is Equinix’s 1st transaction in Canada.
  • This is Equinix’s 1st transaction in Quebec.

M&A Deal Summary
Date 2020-06-01
Target BCE - 13 Data Center Sites
Sector Information Technology
Buyer(s) Equinix
Sellers(s) BCE
Deal Type Divestiture
Deal Value 750M USD

Target

BCE - 13 Data Center Sites

Quebec, Canada
BCE, Inc. - 13 Data Center Sites providing a comprehensive and innovative suite of broadband communication services in Canada.

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Buyer(S) 1

Buyer

Equinix

Redwood City, California, United States
Category Company
Sector Information Technology
Employees13,354
Revenue 8.2B USD (2023)
DESCRIPTION
Equinix's corporate headquarters in Redwood City, California.
Equinix's corporate headquarters in Redwood City, California.

Equinix is a provider of carrier-neutral data centers, internet exchanges and interconnection services. Equinix is based in Redwood City, California.

DEAL STATS #
Overall 12 of 14
Sector (Information Technology) 11 of 12
Type (Divestiture) 3 of 4
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2020) 2 of 3
Size (of disclosed) 3 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-14 Packet

New York, New York, United States

Packet is a bare metal automation platform. Packet's solutions help companies with their digital transformations while connecting workloads seamlessly from on-prem to cloud.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-10 GPX India Pvt.

Mumbai, India

GPX India Pvt. Ltd. is a provider of Tier 4 carrier neutral data centers. GPX India is based in Mumbai, India.

Buy $161M

Seller(S) 1

SELLER

BCE

Verdun, Quebec, Canada
Category Company
Founded 1880
Sector Communications
Employees45,132
Revenue 24.7B CAD (2023)
DESCRIPTION

BCE is a telecommunications company that provides a suite of broadband communication services to residential and business customers throughout Canada. BCE was incorporated in 1880 and is based in Verdun, Quebec.

DEAL STATS #
Overall 3 of 3
Sector (Information Technology) 2 of 2
Type (Divestiture) 2 of 2
State (Quebec) 1 of 1
Country (Canada) 3 of 3
Year (2020) 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-08 Q9 Networks

Toronto, Ontario, Canada

Q9 Networks, Inc. is a provider of outsourced data center infrastructure for mission-critical IT operations. Operates three state-of-the-art data centers in Ontario and Alberta, Canada. Headquartered in Toronto, ON.

Sell $675M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-30 Octane Racing Group

Montreal, Quebec, Canada

A Montreal-based Canadian company, Octane Racing Group is the promoter of FORMULA 1 GRAND PRIX DU CANADA through an agreement made with Formula One Administration Ltd. and Formula 1 World Championship Ltd. (which, together, hold the commercial rights to F1).

Buy -
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