Equinix buys BT’s Irish data centre business for 59m [Video]

Data centre operator Equinix has agreed to acquire BT Group‘s data centre business in Ireland, which includes two facilities in Citywest and Ballycoolin.

The €59m deal is expected to be completed in the first half of 2025, subject to competition and regulatory clearance.

BT said the transaction follows a review of its assets in Ireland, and that the two data centres, which cover approximately 150,000 gross square feet combined, are staffed by a highly experienced team.

The British telecoms group is pursuing an “asset-light strategy” internationally, transitioning away from owning and operating data centres and towards partnering with globally-scaled organisations.

The group believes the approach will make its model more commercially scalable and flexible.

“This announcement with Equinix marks an exciting new chapter for our datacentre business in Ireland,” said Shay Walsh, managing director of BT Ireland.

“The deal builds on our existing successful partnership with Equinix and ensures that customers will benefit from …