Equinix Expands in Washington, D.C. and Milan, Italy
July 27 2011 - 4:05PM
Business Wire
Equinix, Inc. (Nasdaq:EQIX), a provider of global data center
services, today announced plans to build a tenth International
Business Exchange™ (IBX®) data center in Washington, D.C. (DC10).
DC10 will provide approximately 77,000 square feet of customer
floor space, built out in multiple phases. Targeted to open in
early 2012, the first phase is expected to cost $34 million in
expansion capital, which is already reflected in the company’s
guidance.
DC10 will offer Business Suites, which is a targeted service
offering designed to meet a complete range of application needs for
strategic Equinix customers primarily in the content & digital
media, cloud and federal markets. The Business Suites offering is
ideal for customers with multi-tier architecture requirements that
combine network nodes as well as service nodes that may require a
larger footprint and can be directly tethered back to an IBX. The
DC10 facility will support growing demand for colocation and
Business Suite services from customers who are looking to Equinix
as their strategic infrastructure partner. Equinix has previously
offered Business Suites in certain markets in EMEA.
“As the most interconnected site on the East Coast, the Ashburn
campus has long been a location of strategic importance to us,”
said Charles Meyers, president of the Americas for Equinix. “With
strong demand for Platform Equinix in this market, we continue to
invest in the D.C. metro area to support the requirements of our
expanding customer base.”
The Washington, D.C. metropolitan area, which serves as the
eastern hub of Internet traffic exchange in the United States, is
an important metropolitan area for Equinix and its customers.
Together, the existing nine IBX data centers in the D.C. metro area
serve nearly 600 customers and represent many of the largest
Internet exchange points in the world. Equinix IBX data centers in
the D.C. metro area include rich ecosystems that allow network and
content services providers, cloud and IT services, and enterprise
and federal government customers to quickly and efficiently
exchange critical business data with their strategic partners.
Equinix also announced the availability of its Business
Continuity Services in Milan, Italy, which is a leading European
finance and technology hub. The new Business Continuity facility
will protect customers’ mission critical operations in the event of
a major incident or disaster. Equinix Business Continuity Services
are located in secure facilities that meet or exceed industry
standards to allow customers to meet regulatory requirements for
business continuity, and ensure operations will continue in a
secure and reliable environment. In addition to Milan, Equinix
offers Business Continuity services in Frankfurt, Munich,
Dusseldorf, Hong Kong, and New York.
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. Platform Equinix connects more than
4,000 enterprises, cloud, digital content and financial companies
including more than 675 network service providers to help them grow
their businesses, improve application performance and protect their
vital digital assets. Equinix operates in 38 strategic markets
across the Americas, EMEA and Asia-Pacific and continually invests
in expanding its platform to power customer growth.
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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