Davis Polk is advising Equinix, Inc. on its acquisition of the Infomart Dallas from ASB Real Estate in an $800 million debt and cash transaction. The acquisition is expected to close in mid-2018, subject to the satisfaction of customary closing conditions.
Equinix connects the world’s leading businesses to their customers, employees and partners inside the most-interconnected data centers. The Infomart is one of the largest interconnection hubs in the United States and is currently home to four of eight Equinix Dallas International Business Exchange data centers.
The Davis Polk corporate team includes partners Alan F. Denenberg and Stephen Salmon and associates Jeffrey C. Lau, Emily Roberts and Katherine Schloss Ackerman. Partner Rachel D. Kleinberg and associate Caroline E. Dayton are providing tax advice. Counsel Michelle Ontiveros Gross is providing intellectual property and technology advice. Counsel Ron M. Aizen and associate Rina Fujii are providing executive compensation advice. Members of the Davis Polk team are based in the Northern California and New York offices.