Equinix Opens Second Data Center in Geneva, Switzerland
March 17 2010 - 5:00AM
Business Wire
Equinix, Inc. (Nasdaq:EQIX), a provider of global data center
services, today announced the opening of the first phase of its
second International Business Exchange™ (IBX®) data center in
Geneva, Switzerland. The purpose-built GV2 IBX data center,
Equinix’s fifth in the country, will accommodate demand for premium
colocation and data center services from both local and global
corporations and banking organizations. The first phase adds 380
cabinets to Equinix’s data center capacity in Geneva and, when
fully built out, will total 48,400 gross square feet (4,500 gross
square meters) with capacity for 760 cabinet equivalents. The
addition more than doubles Equinix’s footprint in the city, making
it Equinix’s largest IBX in Switzerland. Further phases will open
during 2010 and will be timed to reflect market demand.
Located west of Geneva’s city center, the new high specification
GV2 IBX is conveniently located to transport and airport links and
is already well-connected to both metro and regional networks,
providing Equinix customers with a variety of options to access the
data center. Customers in the Equinix GV2 IBX can access the
Equinix GV1 IBX through diverse fiber paths from multiple
providers, reaching more than 40 additional carriers and service
providers which in turn offer network connectivity to the remainder
of Switzerland and the rest of the world.
In addition to providing high-end services to corporations with
operations in the city, the data center will also enable Equinix to
continue the expansion of its interconnect business as Geneva is a
key location between the Mediterranean fiber landing sites of
Marseille, France and Palermo, Italy and the major metropolitan
regions of Northern Europe. With 11 carriers, including Belgacom,
Cablecom, Cogent, Global Crossing, Level 3, Naxoo, SIG, Sunrise,
Via Numerica and Viatel/Viaphone, already extending their networks
to the new data center, Equinix GV2 IBX is on track to become a
major carrier hub for the region. In addition, the Equinix GV2 data
center will also provide access to the CIXP Internet Exchange Point
which is co-operated by Equinix and CERN, the European Organization
for Nuclear Research.
“Geneva is a very strategic market for Equinix,” said Eric
Schwartz, president of Equinix in Europe. “Not only is there
growing local demand for high specification data center services –
particularly from the city’s financial sector – the city’s location
between Northern and Southern Europe means it is a key peering
point for a increasing number of network operators. Our high
specification, high capacity and network-rich GV2 data center more
than doubles our capacity in Geneva, providing our existing and
prospective customers with the space to support both their current
and future data center operations.”
The GV2 IBX data center is part of Equinix’s $1.4 billion
2007-2010 global expansion plan. The company has also announced
plans to open a fourth IBX data center in Zurich, expected to open
in Q2 2010.
About Equinix
Equinix, Inc. (Nasdaq:EQIX) provides global data center 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 49
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/investors. 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 centres 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 centres; 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.
Equinix (NASDAQ:EQIX)
Historical Stock Chart
From May 2024 to Jun 2024
Equinix (NASDAQ:EQIX)
Historical Stock Chart
From Jun 2023 to Jun 2024