As part of its expansion plans into India, Equinix, Inc., a global interconnection and data company , announced today that it has acquired the India operations of GPX Global Systems, Inc. in a deal worth $161 million.
Equinix has acquired GPX India in an all-cash transaction, extending the former’s platform to India. The size of the deal represents a multiple of around 15 times the projected EBITDA at full utilisation, the company said in its statement today.
The Acquisition
Acquisition
Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There are many ways to acquire or to take the acquisition of property and services. How Companies Utilize AcquisitionsIn finance, the term acquisition is most often used when referring to taking control of a company. An acquisition can be either an agreed deal or a hostile takeover. Companies also may acquire units of a company, property, or other assets. An acquisition is when one business, person, or company purchases most if not of another company's shares to gain control of that company. Buying more than 50% of a target firm's stock and other assets allows the acquirer to make decisions about the newly acquired assets without the approval of the company's shareholders. In finance, there are several types of acquisitions that one speaks of when referring to Acquisitions and Mergers. A horizontal acquisition is when two companies come together with similar products/services. Conversely, a vertical acquisition means two companies join forces in the same industry, but they are at different points on the supply chain.Moreover, a conglomerate represents two companies in different industries join forces, or one takes over the other to broaden their range of services and products. Finally, a concentric acquisition occurs when companies will share customers but provide different services.
Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There are many ways to acquire or to take the acquisition of property and services. How Companies Utilize AcquisitionsIn finance, the term acquisition is most often used when referring to taking control of a company. An acquisition can be either an agreed deal or a hostile takeover. Companies also may acquire units of a company, property, or other assets. An acquisition is when one business, person, or company purchases most if not of another company's shares to gain control of that company. Buying more than 50% of a target firm's stock and other assets allows the acquirer to make decisions about the newly acquired assets without the approval of the company's shareholders. In finance, there are several types of acquisitions that one speaks of when referring to Acquisitions and Mergers. A horizontal acquisition is when two companies come together with similar products/services. Conversely, a vertical acquisition means two companies join forces in the same industry, but they are at different points on the supply chain.Moreover, a conglomerate represents two companies in different industries join forces, or one takes over the other to broaden their range of services and products. Finally, a concentric acquisition occurs when companies will share customers but provide different services.
Read this Term
Under the acquisition, Platform Equinix has been extended to India with the addition of two interconnected data services. The deal also provides the company with the ability to further expand throughout the country.
GPX India’s business is made up of a fiber-connected campus in Mumbai with two data centers. The company will be adding more than 1,350 cabinets and more than 90,000 square feet of Colocation
Colocation
Colocation concerns the practice of accessing prices a split second faster through direct feeds.This differs from the congregation of data that is generally transferred between two exchanges then displayed on a trader’s computer, mobile device, or tablet. Popularized out of the wake of high-frequency trading, colocation is becoming more sought after as speed continues to prove paramount within the day trading arena and algo trading is on the rise. What Are the Benefits of Colocation?The core advantage that stems from colocation includes lower latency. This helps traders to secure the best price while shaving vital milliseconds off the time it takes to execute trades. Networks continue to grow in complexity and speed continues to play a paramount role in trading. There are also in turn, more chances of a system failure or potential outages which can prove especially hazardous for high-frequency traders (HFT). For traders who reside near the servers used for the matching engines, colocation may not be required due to a decreased network latency between hosted data centers.In the United States, Nasdaq offers customers the ability to colocate its services and equipment within the Nasdaq Data Center, which provides the liquidity and speed needed for all U.S. markets but this opportunity comes with a fee. For trading firms that colocate their services, their computers are almost always among the first orders executed on any single trade, and given the technology utilized far less oversight is required on the exchange itself. As HFT and algo-trading continue to grow in popularity, so will the practice of colocation as a means to level the dynamic trading field.
Colocation concerns the practice of accessing prices a split second faster through direct feeds.This differs from the congregation of data that is generally transferred between two exchanges then displayed on a trader’s computer, mobile device, or tablet. Popularized out of the wake of high-frequency trading, colocation is becoming more sought after as speed continues to prove paramount within the day trading arena and algo trading is on the rise. What Are the Benefits of Colocation?The core advantage that stems from colocation includes lower latency. This helps traders to secure the best price while shaving vital milliseconds off the time it takes to execute trades. Networks continue to grow in complexity and speed continues to play a paramount role in trading. There are also in turn, more chances of a system failure or potential outages which can prove especially hazardous for high-frequency traders (HFT). For traders who reside near the servers used for the matching engines, colocation may not be required due to a decreased network latency between hosted data centers.In the United States, Nasdaq offers customers the ability to colocate its services and equipment within the Nasdaq Data Center, which provides the liquidity and speed needed for all U.S. markets but this opportunity comes with a fee. For trading firms that colocate their services, their computers are almost always among the first orders executed on any single trade, and given the technology utilized far less oversight is required on the exchange itself. As HFT and algo-trading continue to grow in popularity, so will the practice of colocation as a means to level the dynamic trading field.
Read this Term
Equinix Plans to Expand in Canada Charles Meyers, CEO of Equinix
Commenting on the acquisition, Charles Meyers, President and CEO, Equinix said in the statement: "India represents the second largest internet user base in the world, with consumption expected to grow with the continued advancement of internet infrastructure, smartphone ownership and the penetration of 4G and 5G.
“Extending Platform Equinix to India has long been a strategic objective for Equinix and we are excited that the GPX transaction will allow us to capitalize on this market opportunity and meet the needs of our customers as they seek to expand their digital businesses. The acquisition of GPX's business in India means we are able to make a giant leap forward in terms of growing our ecosystem in India, and gives us a solid foundation for rapid growth and expansion in the country.
“This acquisition follows the recent announcement of our planned expansion in Canada and is a testament to our continued focus on expanding our global reach as companies continue to view interconnection at the digital edge as a business imperative."
At present, Equinix is made up of more than 210 data centres across 26 countries. The interconnection data company operates 46 IBX data centers in Asia-Pacific across 13 metros in Australia, China, Hong Kong, Indonesia, Osaka, Seoul, Singapore and Tokyo.
Today’s announcement follows on from Equinix reporting its 70th quarter of consecutive growth, with the company reporting solid financial results for the second quarter of 2020. As Finance Magnates reported
As part of its expansion plans into India, Equinix, Inc., a global interconnection and data company , announced today that it has acquired the India operations of GPX Global Systems, Inc. in a deal worth $161 million.
Equinix has acquired GPX India in an all-cash transaction, extending the former’s platform to India. The size of the deal represents a multiple of around 15 times the projected EBITDA at full utilisation, the company said in its statement today.
The Acquisition
Acquisition
Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There are many ways to acquire or to take the acquisition of property and services. How Companies Utilize AcquisitionsIn finance, the term acquisition is most often used when referring to taking control of a company. An acquisition can be either an agreed deal or a hostile takeover. Companies also may acquire units of a company, property, or other assets. An acquisition is when one business, person, or company purchases most if not of another company's shares to gain control of that company. Buying more than 50% of a target firm's stock and other assets allows the acquirer to make decisions about the newly acquired assets without the approval of the company's shareholders. In finance, there are several types of acquisitions that one speaks of when referring to Acquisitions and Mergers. A horizontal acquisition is when two companies come together with similar products/services. Conversely, a vertical acquisition means two companies join forces in the same industry, but they are at different points on the supply chain.Moreover, a conglomerate represents two companies in different industries join forces, or one takes over the other to broaden their range of services and products. Finally, a concentric acquisition occurs when companies will share customers but provide different services.
Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There are many ways to acquire or to take the acquisition of property and services. How Companies Utilize AcquisitionsIn finance, the term acquisition is most often used when referring to taking control of a company. An acquisition can be either an agreed deal or a hostile takeover. Companies also may acquire units of a company, property, or other assets. An acquisition is when one business, person, or company purchases most if not of another company's shares to gain control of that company. Buying more than 50% of a target firm's stock and other assets allows the acquirer to make decisions about the newly acquired assets without the approval of the company's shareholders. In finance, there are several types of acquisitions that one speaks of when referring to Acquisitions and Mergers. A horizontal acquisition is when two companies come together with similar products/services. Conversely, a vertical acquisition means two companies join forces in the same industry, but they are at different points on the supply chain.Moreover, a conglomerate represents two companies in different industries join forces, or one takes over the other to broaden their range of services and products. Finally, a concentric acquisition occurs when companies will share customers but provide different services.
Read this Term
Under the acquisition, Platform Equinix has been extended to India with the addition of two interconnected data services. The deal also provides the company with the ability to further expand throughout the country.
GPX India’s business is made up of a fiber-connected campus in Mumbai with two data centers. The company will be adding more than 1,350 cabinets and more than 90,000 square feet of Colocation
Colocation
Colocation concerns the practice of accessing prices a split second faster through direct feeds.This differs from the congregation of data that is generally transferred between two exchanges then displayed on a trader’s computer, mobile device, or tablet. Popularized out of the wake of high-frequency trading, colocation is becoming more sought after as speed continues to prove paramount within the day trading arena and algo trading is on the rise. What Are the Benefits of Colocation?The core advantage that stems from colocation includes lower latency. This helps traders to secure the best price while shaving vital milliseconds off the time it takes to execute trades. Networks continue to grow in complexity and speed continues to play a paramount role in trading. There are also in turn, more chances of a system failure or potential outages which can prove especially hazardous for high-frequency traders (HFT). For traders who reside near the servers used for the matching engines, colocation may not be required due to a decreased network latency between hosted data centers.In the United States, Nasdaq offers customers the ability to colocate its services and equipment within the Nasdaq Data Center, which provides the liquidity and speed needed for all U.S. markets but this opportunity comes with a fee. For trading firms that colocate their services, their computers are almost always among the first orders executed on any single trade, and given the technology utilized far less oversight is required on the exchange itself. As HFT and algo-trading continue to grow in popularity, so will the practice of colocation as a means to level the dynamic trading field.
Colocation concerns the practice of accessing prices a split second faster through direct feeds.This differs from the congregation of data that is generally transferred between two exchanges then displayed on a trader’s computer, mobile device, or tablet. Popularized out of the wake of high-frequency trading, colocation is becoming more sought after as speed continues to prove paramount within the day trading arena and algo trading is on the rise. What Are the Benefits of Colocation?The core advantage that stems from colocation includes lower latency. This helps traders to secure the best price while shaving vital milliseconds off the time it takes to execute trades. Networks continue to grow in complexity and speed continues to play a paramount role in trading. There are also in turn, more chances of a system failure or potential outages which can prove especially hazardous for high-frequency traders (HFT). For traders who reside near the servers used for the matching engines, colocation may not be required due to a decreased network latency between hosted data centers.In the United States, Nasdaq offers customers the ability to colocate its services and equipment within the Nasdaq Data Center, which provides the liquidity and speed needed for all U.S. markets but this opportunity comes with a fee. For trading firms that colocate their services, their computers are almost always among the first orders executed on any single trade, and given the technology utilized far less oversight is required on the exchange itself. As HFT and algo-trading continue to grow in popularity, so will the practice of colocation as a means to level the dynamic trading field.
Read this Term
Equinix Plans to Expand in Canada Charles Meyers, CEO of Equinix
Commenting on the acquisition, Charles Meyers, President and CEO, Equinix said in the statement: "India represents the second largest internet user base in the world, with consumption expected to grow with the continued advancement of internet infrastructure, smartphone ownership and the penetration of 4G and 5G.
“Extending Platform Equinix to India has long been a strategic objective for Equinix and we are excited that the GPX transaction will allow us to capitalize on this market opportunity and meet the needs of our customers as they seek to expand their digital businesses. The acquisition of GPX's business in India means we are able to make a giant leap forward in terms of growing our ecosystem in India, and gives us a solid foundation for rapid growth and expansion in the country.
“This acquisition follows the recent announcement of our planned expansion in Canada and is a testament to our continued focus on expanding our global reach as companies continue to view interconnection at the digital edge as a business imperative."
At present, Equinix is made up of more than 210 data centres across 26 countries. The interconnection data company operates 46 IBX data centers in Asia-Pacific across 13 metros in Australia, China, Hong Kong, Indonesia, Osaka, Seoul, Singapore and Tokyo.
Today’s announcement follows on from Equinix reporting its 70th quarter of consecutive growth, with the company reporting solid financial results for the second quarter of 2020. As Finance Magnates reported
