Digital Realty to buy Telx in $1.89 billion deal

>

Digital Realty said the acquisition is expected to double its footprint in the rapidly-growing colocation business.

The transaction is expected to close later in the year and add to 2016 results, the company said.

Telx is owned by ABRY Partners and Berkshire Partners.

(Reporting By Lehar Maan in Bengaluru; Editing by Sriraj Kalluvila)