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Equinix Closes $355M Deal For New York’s Packet

Data center giant Equinix has bought New York-based startup Packet for $355 million, the companies announced Monday. Packet provides automated bare metal infrastructure for edge computing. Edge computing is a “movement” to bring the power of the computer closer to where data is created or consumed to “rival the experience of the human brain,” explained Packet co-founder Zac Smith.

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