(3 minutes read)
- In a significant development Equinix, the US based company with a large presence in the US and elsewhere has acquired the Nigerian company MainOne as a part of its long-term strategy to become a leading African carrier neutral digital infrastructure company
- MainOne, founded by Nigerian Funke Opeke in 2010, who has three operational data centres in Nigeria.
In a significant development Equinix, the US based company with a large presence in the US and elsewhere has acquired the Nigerian company MainOne as a part of its long-term strategy to become a leading African carrier neutral digital infrastructure company.
MainOne, founded by Nigerian Funke Opeke in 2010, who has three operational data centres in Nigeria. He is setting up , is setting up an additional facility. The project is under construction and is expected to open in Q1 2022.
Importantly, the firm also owns and operates a submarine network extending 7,000km from Portugal to Lagos, Accra and along the west African coast. The company also owns 1,200km of terrestrial fibre network across the Nigeria states of Lagos, Edo and Odun.
The facilities serve over 800 business-to-business customers. It generates approximately US$60m annualised revenues.
MainOne’s management team oversees a workforce of around 500 staff.
Equinix, which is based in Redwood City, California, currently has 237 data centres across 27 countries. It serves 10,000 businesses. The acquisition is expected to close in the first quarter of 2022. It will add more than 64,000 gross sq ft of space to the firm, with 570,000 sq ft of land for future expansions.
