Tughans has advised BT Group plc (“BT”) on the sale of its datacentre business to Equinix, Inc. (“Equinix”), a global digital infrastructure company.
This transaction included BT’s two datacentre facilities in Citywest and Ballycoolin, Dublin, which were acquired by Equinix for approximately EUR 59 million. The sale reflects BT’s asset-light strategy internationally which includes a transition away from owning and operating datacentre facilities, towards partnering with globally scaled organisations.
This transaction builds on Tughans’ recent experience advising BT on the sale of its Irish wholesale business to Speed Fibre Group. Tughans’ ongoing partnership with BT demonstrates its commitment to supporting BT’s strategic interests in Ireland, as BT collaborates with Equinix and advances its asset-light strategy.
