Equinix to Buy UK Datacenter Operator Telecity for $3.6Bn

Equinix's takeover offer scuppered Telecity's original plans to merge with rival Interxion.

Equinix gives V3 a tour of its new LD6 data centre in Slough
Equinix's new LD6 datacenter in Slough, UK

The deal will strengthen Equinix's position in Europe and boost its cloud and network capabilities, while Telecity's clients will benefit from enhanced globally connected datacenter services as a result of being able to leverage the more than 100 datacenters operated by Equinix across five continents.

Telecity─which operates in major European cities, including London, Paris and Frankfurt─originally planned to merge with European cloud services and datacenter provider Interxion to form an

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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