XO Communications Interconnects with CoreSite Open Cloud Exchange
September 18 2014 - 4:00AM
Business Wire
CoreSite Realty Corporation (NYSE: COR), a provider of secure,
reliable, high-performance data center solutions, today announced
that XO Communications (XO) is advancing its strategy of enabling
enterprises with dedicated connectivity to multiple cloud service
providers through the CoreSite Open Cloud Exchange. Likewise,
CoreSite is focused on bringing together a strong network and cloud
community to support the needs of the enterprise and create a
highly diverse customer ecosystem.
Enterprises leveraging the CoreSite Open Cloud Exchange along
with secure, scalable and reliable XO Internet Protocol Virtual
Private Network technology can accelerate their cloud strategies
unencumbered by the challenges and risks associated with public
Internet access. Through its arrangement with CoreSite, XO enables
enterprises to benefit from access to a wide variety of cloud
providers and services. XO is interconnected with the CoreSite Open
Cloud Exchange on both the East and West Coast.
“Demand for cloud services is growing at a 36 percent compound
annual growth rate through 2016,” said Nicola Jackson, Vice
President, Product and Marketing of XO Communications. “XO is
taking a leadership role in enabling dedicated network access to a
wide range of public cloud resources through direct connections to
cloud exchanges. We are very pleased to be working with CoreSite in
delivering the solutions our customers need to maximize their
business performance.”
The CoreSite Open Cloud Exchange provides an on-ramp to
best-of-breed cloud service providers across CoreSite’s data center
portfolio. It is a community of interconnected enterprises and
cloud and network service providers whose members benefit from
improved performance, added security and access to a myriad of
potential interconnections located in CoreSite data center
facilities across the country.
“XO Communications offers both cloud and network services on the
CoreSite Open Cloud Exchange,” said Brian Warren, Senior Vice
President Product and Marketing at CoreSite. “We are pleased to
continue to grow our relationship with XO and to offer our broad
community of enterprise and media customers access to yet another
high-performance, scalable provider on the exchange.”
About CoreSite
CoreSite Realty Corporation (NYSE: COR) delivers secure and
reliable data center solutions across eight key North American
markets. More than 800 of the world’s leading enterprises, carriers
and mobile operators, content and cloud providers and media and
entertainment companies choose CoreSite to connect, protect and
optimize their performance sensitive data, applications and
computer workloads. Our flexible, high-performance products and
350+ dedicated employees consistently deliver unmatched, scalable
data center options – all of which leads to a best in class
customer experience. For more information, visit
www.CoreSite.com.
About XO Communications
XO Communications is a leading nationwide provider of advanced
IP communications, intelligent networking and cloud computing
services for business, large enterprise and wholesale customers.
These customers include more than half of the Fortune 500, in
addition to leading cable, mobile wireless and domestic and
international telecommunications companies. XO offers a superior
customer experience through its innovative solutions, its
employees’ focus on customers and the proven performance of its
advanced network. To learn more about XO Communications, visit
www.xo.com or blog.xo.com. XO Communications is also on Twitter,
YouTube, Facebook and LinkedIn.
Forward-Looking Statements
This press release may contain forward-looking statements within
the meaning of the federal securities laws. Forward-looking
statements relate to expectations, beliefs, projections, future
plans and strategies, anticipated events or trends and similar
expressions concerning matters that are not historical facts. In
some cases, you can identify forward-looking statements by the use
of forward-looking terminology such as "believes," "expects,"
"may," "will," "should," "seeks," "approximately," "intends,"
"plans," "pro forma," "estimates" or "anticipates" or the negative
of these words and phrases or similar words or phrases that are
predictions of or indicate future events or trends and that do not
relate solely to historical matters. Forward-looking statements
involve known and unknown risks, uncertainties, assumptions and
contingencies, many of which are beyond CoreSite's control, that
may cause actual results to differ significantly from those
expressed in any forward-looking statement. These risks include,
without limitation: the geographic concentration of CoreSite's data
centers in certain markets and any adverse developments in local
economic conditions or the demand for data center space in these
markets; fluctuations in interest rates and increased operating
costs; difficulties in identifying properties to acquire and
completing acquisitions; significant industry competition;
CoreSite's failure to obtain necessary outside financing;
CoreSite's failure to qualify or maintain its status as a REIT;
financial market fluctuations; changes in real estate and zoning
laws and increases in real property tax rates; and other factors
affecting the real estate industry generally. All forward-looking
statements reflect CoreSite's good faith beliefs, assumptions and
expectations, but they are not guarantees of future performance.
Furthermore, CoreSite disclaims any obligation to publicly update
or revise any forward-looking statement to reflect changes in
underlying assumptions or factors, of new information, data or
methods, future events or other changes. For a further discussion
of these and other factors that could cause CoreSite's future
results to differ materially from any forward-looking statements,
see the section entitled "Risk Factors" in CoreSite's most recent
annual report on Form 10-K, and other risks described in documents
subsequently filed by CoreSite from time to time with the
Securities and Exchange Commission.
CoreSiteLinhart PRSarah
McLaughlin, +1-303-951-2578smclaughlin@linhartpr.comorXO CommunicationsDave Farmer,
+1-703-547-2219david.g.farmer@xo.com
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