AboveNet Joins Equinix Financial eXchange and Enhances Connectivity Options Between Equinix’s London Data Centres
April 07 2009 - 8:09AM
Business Wire
AboveNet, a leading provider of fibre optic and IP connectivity
solutions for business and carriers, and Equinix, Inc.
(Nasdaq:EQIX), a provider of global data centre services, today
announced that AboveNet has joined the Equinix Financial eXchange
community in Equinix�s London-Slough (LD4) International Business
Exchange (IBX�) data centre. AboveNet will provide direct fibre
links between Equinix�s LD4 and its London City (LD1) IBX centre,
facilitating low latency access between the financial market
participants operating in each of the centres, as well as other
strategic partners and customers located in LD1. The installation
builds upon existing AboveNet deployments servicing the Equinix
Financial eXchange communities located within Equinix centres in
the Chicago, New York and Frankfurt areas.
With speeds of 0.34ms, the new AboveNet service will enable
investment firms based at Equinix�s LD4 centre to benefit from
near-instantaneous access to city-based trading partners, trading
venues and data services. It will also provide participants located
in the city with low-latency access to Equinix Financial eXchange
customers and partners in LD4. The service will include AboveNet�s
dedicated fibre and managed wavelength offerings, which provide a
level of visibility to allow firms to make near immediate
adjustments to their electronic trading parameters in response to
volatility in the market � thus ensuring they stay ahead of the
trading curve.
�In order to minimise network latency resulting in missed trades
and loss of profits, AboveNet has partnered with Equinix to provide
high capacity, low latency connectivity for today�s finance firms,�
commented Brett Johnson, AboveNet�s vice president of business
development. �By joining the Equinix Financial eXchange community
in London, AboveNet is providing a complete network to enable
finance companies to interconnect with trading venues, market data
vendors and technology utilities. This network equips them with the
responsiveness and agility needed to stay ahead in this highly
competitive market,� concluded Johnson.
Equinix Financial eXchange is a community of financial market
participants that locate operations within Equinix data centres in
order to benefit from a high-performance, low latency connectivity
infrastructure within a neutral environment. At Equinix, these
companies can directly exchange data within the same physical
location with strategic partners, customers and vendors, thereby
optimising their electronic trading operations. They also have
access to a broad range of data centre services and
high-performance network connectivity providers, such as
AboveNet.
�We�re delighted that AboveNet is joining Equinix Financial
eXchange,� added Eric Schwartz, president of Equinix Europe. �The
addition of AboveNet�s low latency services will help provide our
growing network of financial community members the fastest possible
connectivity to trading venues and a critical mass of other
financial market participants.�
About AboveNet, Inc.
AboveNet, Inc. provides fibre optic connectivity solutions for
business and carriers. Its private optical network delivers key
network and IP services in and between 15 top U.S. metro markets
and London. AboveNet's network is widely used in demanding markets
such as financial services, media, health care and retail.
UK Headquarters: Centurion House, 24 Monument Street, London,
EC3R 8AJ
For more information, please visit: www.above.net
About Equinix
Equinix, Inc. (Nasdaq:EQIX) provides global data centre services
that ensure the vitality of the information-driven world. Global
enterprises, content and financial companies, and network service
providers rely upon Equinix�s insight and expertise to protect and
connect their most valued information assets. Equinix operates 42
International Business Exchange� (IBX�) data centres across 18
markets in North America, Europe and Asia-Pacific.
Important information about Equinix is routinely posted on the
investor relations page of its website located at www.equinix.com.
We encourage you to check Equinix�s website regularly for the most
up-to-date information.
This press release contains forward-looking statements that
involve risks and uncertainties. Actual results may differ
materially from expectations discussed in such forward-looking
statements. Factors that might cause such differences include, but
are not limited to, the challenges of acquiring, operating and
constructing IBX centers and developing, deploying and delivering
Equinix services; unanticipated costs or difficulties relating to
the integration of companies we have acquired or will acquire into
Equinix; a failure to receive significant revenue from customers in
recently built out or acquired data centers; failure to complete
any financing arrangements contemplated from time to time;
competition from existing and new competitors; the ability to
generate sufficient cash flow or otherwise obtain funds to repay
new or outstanding indebtedness; the loss or decline in business
from our key customers; and other risks described from time to time
in Equinix's filings with the Securities and Exchange Commission.
In particular, see Equinix's recent quarterly and annual reports
filed with the Securities and Exchange Commission, copies of which
are available upon request from Equinix. Equinix does not assume
any obligation to update the forward-looking information contained
in this press release.
Equinix and IBX are registered trademarks of Equinix, Inc.
International Business Exchange is a trademark of Equinix, Inc.
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