Bare metal connectivity service provider Packet had raised $36m in funding from investors including Samsung, Dell, SoftBank and JA Mitsui Leasing.

Data centre services firm Equinix has agreed to buy Packet, a US-based IT automation technology provider backed by corporates Samsung, Dell, SoftBank and JA Mitsui Leasing, for an undisclosed amount.

Founded in 2014, Packet offers an automated bare-metal connectivity platform where each client’s connection is automatically routed to cloud computing servers without sharing bandwidth with other users.

The servers can be hired for hourly rates ranging from $0.35 to $1.85, and are intended to reduce latency for applications which run…