Verizon Enterprise Solutions and Equinix jointly announced that Verizon has agreed to resell Equinix colocation and interconnection services.
The agreement comes after Verizon Communications agreed last year to sell 24 data center sites to Equinix in a transaction valued at about $3.6 billion. As part of that deal, Equinix agreed to own and manage the 24 Verizon customer-facing data sites, consisting of 29 data center buildings, in the United States and Latin America.
This latest agreement enables Verizon to pair colocation and interconnection services in Equinix International Business Exchange data centers around the globe with Verizon's security, network and advanced communications services. That will enable enterprises to build hybrid cloud solutions and gain quick access to a multicloud environment.
"This agreement provides customers with fully-integrated network, security and data center services designed to support their IT transformation," said Jim Duncan, vice president of global advanced solutions for Verizon Enterprise Solutions, in a press release. "Our network provides IT continuity across current and future IT strategies—cloud migrations and the like—and Equinix provides an interconnection point to leading cloud platforms for that transformation."
Verizon will sell Equinix colocation and interconnection services as part of larger, integrated customer engagements with an emphasis on pairing colocation services with Verizon security, network and advanced communications services.
"Through this agreement, our mutual enterprise customers gain the global scale and interconnection capabilities of Platform Equinix together with Verizon's global IP network, managed security services and advanced communications services," said Jon Lin, vice president of corporate development and strategy for Equinix, in the release. "This collaboration—including direct, private access to leading cloud service providers such as AWS, Microsoft Azure and Google Cloud Platform—enables us to help enterprises fully realize the benefits of hybrid and multi-cloud environments."