Equinix, Inc. (REIT) (NasdaqGS:EQIX) agreed to acquire India operations from GPX Global Systems, Inc for approximately $160 million on August 7, 2020. The deal value is payable in cash. The acquisition is subject to customary closing conditions including regulatory approval. As per GPX India, the deal is expected to close in Q4 2020. As per Equinix, the deal is expected to close in quarter one of 2021. The transaction is expected to close in second quarter of 2021. J.P. Morgan and Deloitte Touche Tohmatsu India LLP acted as financial advisors and Cyril Amarchand Mangaldas as legal advisors to Equinix. KPMG India and Kanga & Co. acted as financial advisor and legal advisor to GPX Global Systems. Equinix, Inc. (REIT) (NasdaqGS:EQIX) completed the acquisition of India operations from GPX Global Systems, Inc on September 1, 2021.