Equinix Opens Eighth Data Center in Silicon Valley
November 19 2010 - 8:00AM
Business Wire
Equinix, Inc. (Nasdaq:EQIX), a provider of global data center
services, today announced the opening of its eighth International
Business Exchange™ (IBX®) data center in Silicon Valley, located in
San Jose. The new data center extends Platform Equinix to a total
of 91 data centers across 35 strategic markets worldwide, and
supports the growth of Equinix’s customers who are connecting to
their digital supply chain partners in Silicon Valley.
“With the opening of this facility, Equinix helps Silicon Valley
further solidify its position as the center of innovation in
technology,” said Chuck Reed, Mayor of San Jose. “For the past 10
years, Equinix has been a valued member of our community and has
been a driving force in the technological advancements that have
come from the region.”
This new IBX data center is another example of Equinix investing
in its customers’ growth, and will offer 165,000 square feet of
space and 2,600 cabinet equivalents when all phases are open.
Today’s $103 million Phase 1 facility opening adds 125,000 sq. feet
and 1,098 cabinet equivalents to Equinix’s global platform of more
than six million square feet of data center space. Connecting this
new data center to the existing Silicon Valley campus will enable
Equinix to strengthen its peering, cross connect and traffic
exchange services, and help its customers extend their market
reach. The project is expected to cost approximately $148 million
when all phases are complete.
The new IBX opening also marks the 10th anniversary of Equinix’s
first data center in Silicon Valley which opened in 2000. Equinix
has enabled many of the companies behind the advancement of the
Internet over the last decade including Autodesk, Citrix Online,
LinkedIn, and Pandora.
“The San Francisco Bay Area continues to be the center of
innovation in the technology industry, ranging from cloud
applications to online gaming,” said Charles Meyers, president,
Equinix North America. “Equinix is proud to call many of the
world’s most progressive companies customers and to be able to
further facilitate the rapid growth of the digital economy.”
About Equinix
Equinix, Inc. (NASDAQ:EQIX) connects businesses with partners
and customers around the world through a global platform of high
performance data centers, containing dynamic ecosystems and the
broadest choice of networks. More than 3,100 enterprises, cloud,
digital content and financial companies connect to more than 600
network service providers and rely on Platform Equinix to grow
their business, improve application performance and protect their
vital digital assets. Equinix operates in 35 strategic markets
across North America, Europe and Asia-Pacific and continually
invests in expanding its platform to power customer growth.
Learn more at http://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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