Lawyers from the Paris office of global law firm K&L Gates have advised global interconnection and data center company Equinix on the acquisition of Digital Realty's operating business in St. Denis, Paris, including its real estate and data center facility, for approximately €190,000,000.
Equinix will extend its hosting capabilities in the site that currently houses its PA2 and PA3 International Business Exchange data centers.
The acquisition of the new Paris site enhances Equinix’s recently expanded data center portfolio in EMEA. One month ago, Equinix added the 8th data center in Amsterdam. In January 2016, Equinix acquired TelecityGroup plc, which added 34 new data centers and seven new markets to the company’s offering in the region, including Dublin, Helsinki, Istanbul, Manchester, Sofia, Stockholm, and Warsaw.
The K&L Gates team that advised Equinix was made up of partner Edouard Vitry, counsel Joanna Klat, and associates Sylvie Chandesris and Blandine Bourelle on the real estate aspects; partner Caroline Ledoux and associates Arthur Anton and Julie Dahan on the corporate aspects; partner Bertrand Dussert and associate Alban Michou-Tognelli on the tax aspects; partner Christine Artus, counsel Julie Bouchard and associate Charlotte Dubois on the employment aspects; and partner Claude-Etienne Armingaud and associate Clémence Marolla on the IP/IT aspects.