Equinix Strengthens Its Presence in Japan with Plan to Build the Third International Business Exchange Data Center in Tokyo
September 27 2010 - 8:00AM
Business Wire
Equinix, Inc. (Nasdaq:EQIX), a provider of global data center
services, today announced plans to build its third International
Business Exchange™ (IBX®) data center, called TY3, in Tokyo, Japan.
The $70 million, 79,600 gross-square-foot TY3 IBX data center,
targeted for completion in mid-2011, will offer 960 cabinet
equivalents to data centric industries including cloud and IT
services providers, online content and financial market
participants doing business in Japan.
The new TY3 IBX data center will feature Equinix’s
industry-leading standards of security, environment control and
power availability. It will have direct fiber connectivity to
Equinix’s two other IBX data centers in the city, TY1 and TY2.
Current and prospective customers will have direct access to more
than 50 networks including both international and domestic
carriers. In addition, the strategic location of the TY3 IBX data
center within the Tokyo City Center offers financial market
participants the advantage of close proximity to the major
financial exchanges in the Japanese capital. Close proximity to
these exchanges combined with the vast network choice and Equinix
interconnection services to strategic partners helps the financial
market participants achieve high performance trading.
“The accelerated digitization of the world economy has
heightened the demand for Equinix as companies look to optimize the
performance of their business applications and connect to strategic
partners within a business ecosystem,” said Kei Furuta, managing
director, Equinix Japan K.K. “Currently, we are seeing strong
interest from across multiple industries, supporting our commitment
to add customer-driven capacity to our global platform.”
The TY3 IBX data center expansion reflects strong demand for
Equinix in Asia-Pacific. Equinix has also recently announced the
second phase expansion of its TY2 data center in Tokyo, the
expansion of SY3 data center in Sydney, the third phase expansion
of the existing SG2 center in Singapore, and building HK2 IBX data
center in Hong Kong.
About Equinix
Equinix, Inc. (Nasdaq: EQIX) provides global data center
services that ensure the vitality of the information-driven world.
Global enterprises, cloud, content and financial companies, and
more than 595 network service providers rely upon Equinix 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. Learn more at: www.equinix.com.
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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