Equinix announced today that is acquiring bare metal cloud provider Packet. The New York City startup that had raised over $36 million on a $100 million valuation, according to Pitchbook data.
Equinix has a set of data centers and co-locations facilities around the world. Companies that may want to have more control over their hardware could use their services including space, power and cooling systems, instead of running their own data centers.
Equinix is getting a unique cloud infrastructure vendor in Packet, one that can provide more customized kinds of hardware configurations than you can get from the mainstream infrastructure vendors like AWS and Azure.