Slaughter and May and Kolcuoglu Demirkan Kocakli have advised Equinix Inc on its USD 93 million acquisition of Zenium’s data center business in Istanbul. The acquisition was signed and completed on October 6, 2017.
Equinix Inc is a global interconnection and data center company currently operating more than 180 data centers across five continents. According to a Slaughter and May press release, "the Zenium data center, which will be renamed Equinix IS2, will further strengthen the Equinix position in Europe and address growing demand for interconnection services in Turkey."
The Carey Olsen firm in Cayman worked on the buyer side as well.
The Slaughter and May team consisted of Partners Richard Smith, John Nevin, Philippe Chappatte, Rob Sumroy, and Phil Linnard, and Associates Natalie Cook, Anant Prakash, James Cook, Maria Dragun, Lucy Keevil, Lee Foxcroft, Tom Gilliver, Zsolt Vertessy, Richard McDonnell, Lucy Duane, and Richard Keczkes.
The Kolcuoglu Demirkan Kocakli team was led by Partner Umut Kolcuoglu and included Associates Ayse Aydin and Begum Incecam.