Funke Opeke’s MainOne to be acquired by US firm, Equinix in $320m deal

Communications company, MainOne, founded by Funke Opeke, is set to be acquired by US firm, Equinix for $320m.

In a press statement, Equinix said that the acquisition is its expansion into Africa. 

MainOne, is a West African data centre and connectivity solutions provider with presence in Nigeria, Ghana and Côte d’Ivoire.

Reacting to the acquisition, Opeke said, “Equinix will accelerate our long-term vision to grow digital infrastructure investments across Africa. I thank our founding shareholders led by Mr. Fola Adeola, MainStreet Technologies, AFC, PAIDF, FBN, Polaris and AfDB for investing in the MainOne vision to bridge the Digital Divide in Africa. 

“With similar values and culture to what we have jointly built-in twelve years, Equinix is the preferred partner for our growth journey. The MainOne team is excited about the partnership created through the acquisition, and we look forward to building our next chapter together.” 

YOU SHOULD NOT MISS THESE HEADLINES FROM NIGERIAN TRIBUNE

Lagos Is Second Least Liveable City In The World For 2021

Lagos is the second least liveable city in the world for the year 2021. This is according to the most recent annual ranking put together by the Economist Intelligence Unit (EIU)…

FACT CHECK: Did UNICEF Say Blocking Children’s Access To Pornography Constitutes Human Rights’ Infringement?

CLAIM 1: A Twitter user claims UNICEF said any efforts to block children from accessing pornography might infringe their human rights.

VERDICT: MISLEADING!

Funke Opeke’s MainOne to be acquired by US firm, Equinix in $320m deal