An American multinational data infrastructure company Equnix has announced on Tuesday that it has acquired Nigeria’s Mainone Company for $320 million
MainOne is a leading data centre company operating out of West Africa.
However, Opeke will remain in her role as CEO.
Led by its founder and CEO, Funke Opeke, MainOne has locations in Nigeria, Ghana and Côte d’Ivoire. Equinix said it expects the deal to close at some point in the first quarter of 2022; noting that MainOne’s presence in two of the continent’s biggest countries; in terms of population and economy — made it attractive as the company expands globally.
Equally important, MainOne was founded in 2010 by Opeke and now has three data centers; with another slated to be completed in 2022. The company has a 7,000-kilometer subsea network from Portugal to Lagos, Accra and along the West African coast; with landing stations in Nigeria, Ghana and Côte d’Ivoire; as well as 1,200 kilometers of terrestrial fiber network across southern Nigeria. Opeke said the acquisition will help accelerate their long-term vision to grow digital infrastructure investments across Africa.
Also responding, Charles Meyers, president and CEO of Equinix, added that the acquisition of MainOne will represent a critical point of entry for Platform Equinix into the expansive and rapidly growing African market. Report by Ist News
