Equinix, Inc. (Nasdaq:EQIX), a provider of global data center services,
today announced the expansion of its second International Business
Exchange (IBX) data center, TY2, in Tokyo. The growth in this market
is a result of strong demand for data center services from cloud and IT
service providers, content companies and financial firms doing business
in Japan. The $9 million, 140 cabinet equivalents expansion is scheduled
for completion in Q4 2010 and will extend total capacity in Tokyo to
1,600 cabinet equivalents.
“The TY2 IBX expansion demonstrates Equinixs commitment
to this strategic market and our ability to quickly add customer-driven
capacity to our global platform.”
Equinix operates two IBX data centers in Tokyo, TY1 and TY2, that are
directly connected to each other by fiber. The companys
carrier-neutral, global platform includes more than 50 international and
domestic carriers and networks in Tokyo. In addition, the top three
Internet exchanges in Japan, including Equinix Exchange, are present
within the Equinix Tokyo IBX data centers.
With its operational availability and secure infrastructure, Equinix was
selected by Tokyo Financial Exchanges Inc. (TFX) and Tokyo Commodity
Exchange (TOCOM) as the preferred data center colocation provider. In
addition to network choice, Equinix offers the ability to connect
directly to strategic business partners, creating value through
increased performance and reducing cost.
We have operated in Japan for almost 10 years, and both local and
multinational corporations trust us to optimize their network
performance and expand global reach, said Steve Smith, president and
CEO of Equinix. The TY2 IBX expansion demonstrates Equinixs commitment
to this strategic market and our ability to quickly add customer-driven
capacity to our global platform.
In Japan, corporations trust Equinix to deliver operational excellence
and optimize the performance of their business, said Kei Furuta,
managing director, Equinix Japan K.K. Our Tokyo expansion validates the
growing demand for Equinix by companies that need to increase their
presence in this important market.
Todays announcement is part of Equinixs expansion strategy in
Asia-Pacific. Equinix recently announced the expansion of its SY3 data
center in Sydney, the third phase expansion of its SG2 center in
Singapore, and a second IBX in Hong Kong (HK2).
About Equinix
Equinix, Inc. (Nasdaq:EQIX) provides global data center services that
ensure the vitality of the information-driven world. Global enterprises,
cloud, content and financial companies, and more than 595 network
service providers rely on Equinix. The company operates 90 International
Business Exchange (IBX) data centers across 35 markets in North
America, Europe and Asia-Pacific. 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 Equinixs
filings with the Securities and Exchange Commission. In particular, see
Equinixs 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
Source: Business Wire
