Equinix Continues Expansion of Dutch Operations with Opening of Second IBX Data Center in Amsterdam
April 21 2010 - 4:00PM
Business Wire
Equinix, Inc. (Nasdaq: EQIX), a provider of global data center
services, today announced the expected May 1, 2010 opening of the
first phase of its new Amsterdam (AM2) International Business
Exchange™ (IBX®) data center, which has been under development
since November 2009. The first phase represents an expected
investment of approximately $40.0 million and provides 480 cabinets
equivalents. The second phase is targeted for completion during the
third quarter of 2010 and is expected to provide an additional 520
cabinets equivalents. A third phase, to be timed to meet market
demand, will provide an additional 500 cabinet equivalents.
Equinix’s investment into the purpose-built AM2 IBX data center
represents the company’s fourth facility in The Netherlands,
including two IBX data centers located in Enschede and Zwolle, and
is part of the company’s $2.0 billion investment to expand
operations between 2007 and 2010.
The AM2 IBX data center build is in response to the rising
demand from global and local network service providers, digital
content providers, financial services firms, and enterprises
operating in the Dutch capital to leverage all of the benefits of
Equinix data center services. At full build out, the AM2 IBX data
center will have capacity for 1,500 cabinet equivalents.
“Amsterdam is a key location, not just for Dutch businesses, but
for many regional and global service providers and enterprises that
are eager to increase business operations in this important
market,” said Michiel Eielts, general manager, Equinix Netherlands.
“Since opening our AM1 IBX data center in 2008, we have seen a
steady increase in demand from both local and international
organizations, and we are very excited to meet their on-going
requirements for premium, well-connected, data center
services.”
The AM2 IBX data center is located in the Amsterdam Zuidoost
business district, adjacent to Equinix’s AM1 IBX data center. By
building its two Amsterdam IBX data centers on the same campus,
Equinix is enabling customers located at both locations to easily
grow their operations and directly exchange business information.
The AM2 IBX data center will build upon the range of premium data
center services provided at AM1, including colocation,
interconnection and peering, direct cross-connects between more
than 25 networks, and access to AMS-IX, the world's largest single
metro area Internet exchange. In addition, the AM2 IBX data center
will also offer the new Equinix Carrier Ethernet Exchange™ service
later this year. The AM2 IBX data center is ISO27001 certified and
designed to provide customers with highly resilient yet energy
efficient and secured data center services, monitored on a 24x7
basis.
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 51 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.
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 and Carrier Ethernet Exchange are
trademarks of Equinix, Inc.
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