Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services,
today announced the opening of new International Business Exchange™
(IBX®) data centers in Frankfurt and Dusseldorf, together with plans to
expand its existing Frankfurt-2 (FR2) center. The announcements come as
Equinix continues its measured global development plan.
The phase I opening of the $30 million (€ 21 million) FR4 center, which
is located in the southwestern region of Frankfurt, comprises 1,700
cabinet equivalents and 6,000 gross square meters (65,000 gross square
feet) of data center space. The data center is being built out in
multiple phases and, when complete, will total 12,000 square meters
(130,000 square feet), with capacity for approximately 3,300 cabinet
equivalents. Elsewhere, in the north of the city, the planned $18
million expansion of the FR2 IBX will add 2,500 square meters (27,000
square feet) of data center space, with capacity for approximately 660
cabinets. The FR2 IBX expansion will be completed in phases, between
April and September 2010.
These expansions form part of Equinix’s wider strategy to increase data
center capacity in Frankfurt, a major global trading hub where the
company has seen significant growth in demand to participate in Equinix
Financial eXchange. The Equinix Financial eXchange is a community of
execution venues, buy and sell side firms and technology utilities that
locate within Equinix data centers to optimize trading operations.
Equinix now operates four data centers in Frankfurt, all of which are
directly linked by redundant dark fiber, enabling all Frankfurt-based
customers to interconnect as if they were in the same physical location.
“Equinix is seeing strong demand for colocation and interconnection
services in Frankfurt, with significant growth coming from the city’s
financial services industry,” said Eric Schwartz, president of Equinix
in Europe. “Equinix’s Frankfurt IBX data centers are already a key
destination for financial services firms wishing to improve their
trading operations by directly connecting with their trading partners
and utilizing low-latency links to other financial markets around the
world. The new FR4 center, together with the planned expansion of FR2,
will provide the capacity to grow this community even further.”
Equinix has also opened its new Dusseldorf-2 (DU2) IBX data center,
adding 560 cabinets and 2,700 square meters (29,000 square feet) of
gross data center space in Dusseldorf. Located southeast of the city,
the new center will be tethered to Equinix’s original Dusseldorf IBX
data center (DU1) through dark fiber links, enabling existing DU1
customers to seamlessly grow their data center operations.
This growth in German operations is part of Equinix’s $1.4 billion
(€1.0billion) 2007-2010 global expansion plan.
“Demand for premier data center services continues to outpace supply
across all major European metro regions,” continued Schwartz. “Equinix
is focused on closing this gap between demand and supply and is
committed to expanding its capacity, by both building new data centers
and systematically upgrading existing ones.”
About Equinix
Equinix, Inc. (Nasdaq: EQIX) provides global data center services that
ensure the vitality of the information-driven world. Global enterprises,
content and financial companies, and network service providers rely upon
Equinix’s insight and expertise to protect and connect their most valued
information assets. Equinix operates 49 International Business Exchange™
(IBX®) data centers across 18 markets in North America, Europe and
Asia-Pacific.
Important information about Equinix is routinely posted on the investor
relations page of its website located at www.equinix.com/investors.
We encourage you to check Equinix’s website regularly for the most
up-to-date information.
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.