Equinix to Build Third Data Center in Seattle
October 19 2011 - 8:00AM
Business Wire
Equinix, Inc. (Nasdaq:EQIX), a provider of global data center
services, today announced plans to construct a third International
Business Exchange™ (IBX®) data center in the Seattle metropolitan
area. The new data center will further extend Platform Equinix™ to
meet strong demand for premium interconnection and data center
services in Seattle and the Pacific Northwest region from network
and cloud service providers, and content and digital media
companies.
The new Seattle IBX will be adjacent to Equinix’s existing SE2
data center and to the Westin Building, a premier telecommunication
hub and carrier hotel located in downtown Seattle. The proximity
and direct fiber connectivity to both locations will facilitate
customer interconnections and provide access to a wide range of
networks and carriers. Adding approximately 51,000 square feet of
data center space and capacity for more than 1,000 cabinet
equivalents, the new IBX will significantly expand Equinix’s
presence in the Seattle market to better meet customer demand.
Equinix will invest approximately $60 million to build the new IBX
data center, which is estimated to open in Q1 2013.
“As a major communications hub for the Northwest United States
and a distribution point for IP traffic to Asia, the Seattle market
is important for customers who rely on Platform Equinix to improve
application performance and connect to key members of their digital
ecosystem,” said Charles Meyers, president of the Americas for
Equinix. “Equinix has long catered to the many cloud, network, and
digital content companies in the Seattle area and we are continuing
to invest in the metro region to meet customer demand for our data
center and interconnection services.”
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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