- Moody's•9 hours ago
New York, December 07, 2016-- Moody's Investors Service, said that Equinix, Inc.' s announcement of a definitive agreement to purchase certain data centers from Verizon Communications Inc. is unlikely ...
- Barrons.com•10 hours ago
Wells Fargo Securities On Tuesday, Equinix announced it will purchase 29 data center facilities across 15 metro areas from Verizon Communications for $3.6 billion in cash. The portfolio includes 900 customers and 2.4 million gross square feet, along with the highly coveted facilities in Miami and Culpeper, Va. Equinix (EQIX) expects the portfolio to generate $450 million in revenue and $270 million in adjusted earnings before interest, taxes, depreciation and amortization (Ebitda) in the 12 months after closing, representing a next-12-months Ebitda acquisition multiple of 13.3 times (excluding $40 million of integration costs). Verizon’s (VZ) assets were 85% owned on a revenue basis, which will increase Equinix’s owned asset position to 45% in the Americas and 40% on a global basis.
- PR Newswire•17 hours ago
REDWOOD CITY, Calif., Dec. 7, 2016 /PRNewswire/ -- Equinix, Inc. (EQIX), the global interconnection and data center company, today announced that Steve Smith, chief executive officer, will present at the Barclays 2016 Global Technology, Media and Telecommunications Conference in San Francisco, CA on Thursday, December 8 at 11:30 am PST. Equinix, Inc. (EQIX) connects the world's leading businesses to their customers, employees and partners inside the most interconnected data centers. In 40 markets across five continents, Equinix is where companies come together to realize new opportunities and accelerate their business, IT and cloud strategies.
EQIX : Summary for Equinix, Inc. - Yahoo Finance
Equinix, Inc. (EQIX)
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|Day's Range||327.37 - 339.51|
|52 Week Range||255.45 - 391.07|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||305.68|
|Dividend & Yield||7.00 (2.12%)|
|1y Target Est||N/A|