Equinix Extends Operations into China Through Partnership with Shanghai Data Solution (SDS)
March 23 2010 - 8:00AM
Business Wire
Equinix, Inc. (Nasdaq: EQIX), a provider of global data center
services, today announced a strategic partnership agreement with
Shanghai Data Solution Co., Ltd. (SDS), a leading systems
integrator for network and communications services in Shanghai,
P.R. China. The partnership allows Equinix customers to enjoy a
similar level of availability and reliability of colocation
services in China through the SDS data center, as they do within
the 49 International Business ExchangeTM (IBX®) data centers
operated by Equinix worldwide. The partnership provides Equinix
with a strategic entry-way into one of the world’s most
sought-after and fastest-growing markets: China.
The newest SDS data center is located in the Pudong area of
Shanghai. Equinix performed multiple engineering audits and
established that the center meets the company's stringent
availability requirements and facility standards to deliver
colocation services. To ensure a premier customer experience and
service quality, Equinix will provide ongoing operations support to
the SDS team. In addition, Equinix plans to open a coordination and
support function office in Shanghai in Q2 2010.
Shanghai is one of the China's largest commerce and financial
centers. With a population of more than 20 million people, the city
is renowned for its sophisticated infrastructure and a large pool
of English-speaking professionals. The city’s foreign direct
investment reached a record level in 2009— a total of US$10.5
billion in investments from overseas, up 4.5 percent on a
year-on-year basis, according to the Shanghai Municipal Commission
of Commerce.
"Shanghai, home to a vast base of multinational corporations, is
identified by Equinix customers as a top location for buying
premium quality colocation services in China,” said Samuel Lee,
president of Equinix in Asia Pacific. “A large percentage of the
SDS existing customer base consists of foreign telecom operators,
financial institutions and multinational corporations. SDS's proven
track record in supporting foreign customers and bilingual
capabilities in both sales and operations functions make the
company a natural choice as our data center partner in
Shanghai."
"Our Pudong data center is one of the newest facilities in the
Shanghai metro area. With our operating experience in China for
more than 10 years, we are confident to provide unmatched services
to Equinix customers for their colocation needs in China," said Dr.
Jianfeng Zhang, general manager, Shanghai Data Solution.
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 50 International Business Exchange™ (IBX®) and partner
data centers across 19 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.
About Shanghai Data Solution
Shanghai Data Solution Co., Ltd. (SDS) is a Hi-Tech Information
Technology Company co-invested by Shanghai Zhangjiang Hi-Tech Park
Development Corp., Shanghai Telecom Industry, DaZhong
Transportation and ZiJiang (Group). All investors are public listed
companies in China Stock Market. Positioning itself initially in
the telecom operation business, SDS is mainly involved in data
communication, network access, information value added services and
software development. For more information about SDS, please visit
SDS’s website: www.shuxun.net
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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