The transaction is expected to be completed in the third quarter of this year, in which Equinix will gain five data centres and one disaster recovery centre located in Hong Kong, Shanghai and Singapore. As part of the deal, Equinix will also secure a data centre in Shanghai which shall be ready for service in the second half of 2012, providing capacity of 80,000 square feet.

AsiaTone, being one of the leading providers of colocation data centre services in Asia-Pacific, has positioned to address the diverse needs of customers in the region. Over the years, the Company has built strong business relationships with multinational corporations. With our business coverage in Hong Kong, Shanghai and Singapore associated with Equinix’s extensive connection, we believe that the transaction would better accommodate the growing demand of global customers looking to expand in Asia.

After the closing of the transaction, the management team of AsiaTone will focus on providing Cloud solutions and Exchange hosting services via OneAsia Network Limited, a spin-off of AsiaTone. With the team’s expertise in the industry and profound experience accumulated, OneAsia will continue to provide the best solutions to serve the market according to the special needs of its customers.