Davis Polk is advising Equinix, Inc. on its sale of 16 data centers located throughout the United States to an investment group consisting of 365 Main, Crosslink Capital and Housatonic Partners for approximately $75 million. The transaction is expected to close in the fourth quarter of 2012, subject to customary closing conditions.

Equinix connects businesses with partners and customers around the world through a global platform of high performance data centers, containing dynamic ecosystems and the broadest choice of networks. Platform Equinix connects more than 4,000 enterprises, cloud, digital content and financial companies, including more than 900 network service providers to help them grow their businesses, improve application performance and protect their vital digital assets. Equinix operates in 38 strategic markets across the Americas, EMEA and Asia-Pacific and continually invests in expanding its platform to power customer growth.

The Davis Polk corporate team includes partner Alan F. Denenberg and associates Vincent T. Cannon, Stephen Salmon and Zhimin Lin. The tax team includes partner Rachel D. Kleinberg and law clerk Catherine Paskoff Chang. Counsel Cynthia Akard is providing employment advice. Partner Arthur J. Burke and counsel Stephen M. Pepper are providing antitrust advice. Members of the Davis Polk team are based in the Menlo Park and New York offices.

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