Equinix acquisition of Packet Host
Davis Polk is advising Equinix, Inc. in connection with its acquisition of Packet Host Inc., the leading bare metal automation platform that provides innovative and developer-oriented bare metal services. The terms of the transaction were not disclosed.
Equinix is the world’s largest colocation and interconnection services provider, with proven capabilities operating state-of-the-art data centers and internet exchange points globally. Equinix operates a highly interconnected ecosystem that serves over 9,800 customers with more than 348,000 cross-connects across 203 data centers located in 52 strategic markets across five countries, and is home to the most networks, clouds and IT services on any one platform. The acquisition of Packet represents an important step in Equinix's larger initiative to accelerate the deployment and delivery of its interconnected edge services, and its strategy to help enterprises more seamlessly deploy hybrid multicloud architectures on Platform Equinix through a world class enterprise-grade bare metal offering.
The Davis Polk corporate team includes partners Alan F. Denenberg and Emily Roberts and associate Tierney O’Rourke. Partner Veronica M. Wissel and associate Kathleen Ginder are providing executive compensation advice. Partner Rachel D. Kleinberg and associate Adam R. Brownstone are providing tax advice. The intellectual property and technology team includes partner Frank J. Azzopardi and associate Michael V. Policastro. Members of the Davis Polk team are based in the Northern California and New York offices.