Close the acquisition of three data centers from Total Information Management
Delivered after the deadline (153 days after the deadline)
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 7 Aug 2024
- Due
- 31 Dec 2024
- Delivered
- 2 Jun 2025
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The approximately $180 million transaction is expected to close in the fourth quarter of 2024”
What we found
Evidence strength A What the grades mean
Equinix did not close the acquisition by the Q4 2024 deadline, instead completing the transaction on June 2, 2025.
-
A Equinix 10-Q filed 2025-07-30
“On June 2, 2025, we completed the acquisition of all outstanding shares of TIM NextGen DC Corporation” ✓ confirmed on the page
-
A Equinix 10-K filed 2025-02-12
“The acquisition is expected to close in the first half of 2025” ✓ confirmed on the page
Market reaction: the shares moved -1.8% against the S&P 500 over the three sessions around the disclosure (11 Feb 2025 to 14 Feb 2025). What this measures
Checked 19 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Acquisition close
- Indicative materiality
- High rules
- Action
- Close
- Deliverable
- Acquisition of three data centers from Total Information Management
- Where
- Philippines
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Depends on
- Counterparty
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
Are you Equinix? You can publish an official statement next to this entry, free. Add a statement.
Is something here wrong or out of date? Companies and readers can ask us to check it. Please bring a link to a public source.
Report an error in this entry Reference: KI-C-2024-EQIX-015939 · Corrections policy