Equinix Opens Third International Business Exchange Data Center in Atlanta
August 02 2010 - 8:00AM
Business Wire
Equinix, Inc. (Nasdaq: EQIX), a provider of global data center
services, today announced the opening of the first phase of its
third International Business Exchange™ (IBX®) data center in
Atlanta. The new $61 million Atlanta IBX data center, which is
located in the Atlanta city center, will provide a total of 1,450
cabinet equivalents upon the completion of a second phase, already
under construction, which is expected to open in the fourth quarter
of 2010. The new IBX data center is connected to Equinix’s two
existing IBX data centers in Atlanta, providing immediate access to
almost 50 network providers.
Atlanta has the fourth largest concentration of Fortune 500
companies in the U.S., and more than 75 percent of the Fortune 1000
companies have a presence in the metropolitan area.
“Opening our newest IBX data center in Atlanta will enable us to
meet existing demand from some of the largest enterprise and
telecommunications companies in the world – many of which are
existing Equinix customers looking to increase their capacity as
they continue to build strategic business ecosystems in this
important market,” said Pete Ferris, president, Equinix North
America. “Currently, we’re seeing strong interest from our network
customers. We’re pleased to meet the market’s need with the opening
of another state-of-the-art International Business Exchange data
center.”
The first phase of the Atlanta IBX data center features 400
cabinet equivalents. The second and final phase, already under
construction, will add approximately 1,050 cabinet equivalents when
completed in the first quarter of 2011.
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 more than
595 network service providers rely upon Equinix’s insight and
expertise to protect and connect their most valued information
assets. Equinix operates 90 data centers across 35 metro areas in
North America, Europe and Asia-Pacific.
Important information about Equinix is routinely posted on the
investor relations page of its Web site located at
http://www.equinix.com/investors. We encourage you to check
Equinix’s website regularly for the most up-to-date
information.
Forward Looking Statements
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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