Equinix to Buy Bare Metal Automation Platform Packet Host

Date : 01/14/2020 @ 1:56PM
Source : Dow Jones News
Stock : Equinix Inc (EQIX)
Quote : 600.94  -1.63 (-0.27%) @ 3:06PM
Equinix share price Chart

Equinix to Buy Bare Metal Automation Platform Packet Host

Equinix (NASDAQ:EQIX)
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By Colin Kellaher

 

Equinix Inc. (EQIX) on Tuesday said it agreed to buy bare metal automation platform Packet Host Inc. for an undisclosed amount.

The Redwood City, Calif., interconnection and data center company said it plans to use Packet's offering to accelerate the development and delivery of its interconnected edge services.

Equinix said it expects to complete the acquisition during the first quarter of fiscal 2020, adding that it will disclose additional details of the deal upon closing.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

January 14, 2020 08:41 ET (13:41 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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