Equinix Rings Opening Bell as Company Celebrates 10 Years on NASDAQ
August 11 2010 - 9:32AM
Business Wire
Equinix, Inc. (NASDAQ:EQIX), a provider of global data center
services, today celebrated the 10th anniversary of its IPO and
listing on NASDAQ. Steve Smith, Equinix’s president and CEO, rang
NASDAQ’s opening bell to mark the occasion. The company, which is
on target to generate more than $1 billion in annual revenues in
2010, has just completed its 30th consecutive quarter of growth and
continues to extend its leadership position in key markets around
the world.
“The last 10 years have been characterized by our ability to
capitalize on emerging trends and enable our customers to seize new
opportunities,” said Steve Smith, president and CEO at Equinix.
“Equinix has evolved considerably since our IPO, but the same
characteristics that drove us in the beginning - creativity,
innovation, commitment to our customers - continue to push us to
new heights today. Our ability to execute to plan has helped
companies build and expand their service offerings and that value
is reflected in our growth.”
Several global macro trends have led to increases in the volume
of rich content and dynamic applications in cloud and IT services,
electronic trading, online video and mobile data. These trends have
heightened demand for a global data center platform that allows
businesses to optimize the delivery of applications and services
and connect directly to strategic partners within a business
ecosystem.
Equinix’s global services delivery platform includes
energy-efficient International Business Exchange™ (IBX®) data
centers in key markets across North America, Europe and
Asia-Pacific. The platform offers a critical mass of networks
combined with unique interconnection and exchange services,
enabling businesses to reduce cost, improve application performance
and enhance the end-user experience.
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 International Business Exchange™ (IBX®)
and partner 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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