Global colocation and interconnection provider Equinix has signed an agreement to form a $525 million joint venture with GIC, Singapore’s sovereign wealth fund.
Equinix Increases Investment in Data Centers for Hyperscalers by $ 3.9 Billion
Equinix will spend an extra $ 3.9 billion in its xScale data centers for hyperscale cloud providers as part of its joint venture with Singapore’s sovereign wealth fund GIC. Equinix’s xScale data center portfolio is supported by the joint venture.