Davis Polk is advising Equinix, Inc. on the $3.6 billion acquisition of Verizon Communications Inc.’s colocation services business at 24 data center sites, consisting of 29 data center buildings, located in the United States, Brazil and Colombia. The acquisition is expected to close by mid-2017.

Equinix connects the world’s leading businesses to their customers, employees and partners inside the most interconnected data centers. In 40 markets across five continents, Equinix is where companies come together to realize new opportunities and accelerate their business, IT and cloud strategies.

The Davis Polk corporate team includes partner Alan F. Denenberg and associates Emily Roberts, Judy Lai and Dongbiao Shen. The Davis Polk real estate team includes counsel Sangeeta Reddy. Partner Rachel D. Kleinberg and counsel Leslie J. Altus are providing tax advice.  Partner Joseph P. Hadley and associate Darren Mahone are providing credit advice. Counsel Cynthia Akard is providing executive compensation advice. Members of the Davis Polk team are based in the Northern California and New York offices.

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