Bell selling 25 data centres to Equinix for $1 billion

MONTREAL — In an all-cash transaction valued at $1.04 billion, BCE announced Monday it is selling 25 data centre facilities located at 13 sites to global interconnection services provider and data centre company Equinix Inc. “This transaction reinforces Bell’s strategy to focus investment on the network infrastructure, content and services necessary to advance how Canadians connect with each other and the world. Equinix, with its expanding platform of data centres here in Canada and worldwide, is well-positioned to maximize the opportunities these facilities represent for Canadian businesses in an increasingly global and interconnected data sector,” said Mirko Bibic, president and...