Fifth Shanghai Data Center Meets Strong Demand for Premium Data
Center Services in China
HONG KONG--(BUSINESS WIRE)--Sep. 17, 2012--
Inc. (NASDAQ:EQIX), the global interconnection and data
center company, today announced the launch of its newest data center in
Shanghai (SH5) to address the strong demand for premium data center
services in China from global customers looking to expand in the market.
The launch further strengthens Equinix’s footprint in Asia-Pacific and
demonstrates its long-term commitment to data center development in
Following the $230.5 million acquisition of Asia Tone in July 2012,
Equinix gained a total of six data centers and one disaster
recovery center located across Hong Kong, Shanghai and Singapore,
including SH5. The first phase of SH5 will provide 200 cabinet
equivalents, expanding to 900 with a gross area of 80,000 square feet
when all three phases of SH5 are completed. With its experience serving
multinational customers worldwide, Equinix is uniquely positioned to
provide the same high-performance premium colocation services in China
that its customers have come to expect.
“Our expansion in China is a strategic move to meet strong demand for
premium data center services from our customers around the globe. China
is one of the fastest growing markets in the Asia-Pacific region and a
priority market for many multinational companies,” said Alex Tam,
managing director, Equinix Greater China. “In addition, the PRC
government’s twelfth, five-year plan announced in 2011 encouraged
enterprises to adopt new technologies, such as cloud computing
technology. This will inevitably result in tremendous demand in the
market for data center services that deliver high-performance and
availability. As a leading global data center service provider, Equinix
will continue expanding Platform
Equinix™ to support our customers’ business needs with our global
data center footprint.”
Research and consulting firm Frost & Sullivan expects the data center
services market in China to see a compound annual growth rate (CAGR) of
13.9% from 2009 to 20161. China’s data center capacity is
expected to reach 1.86 million square meters by 2016, growing at an
11.3% CAGR from 2011 through 2016.
“With Shanghai expected to be the global financial center by 2020, the
market requires a reliable data center service provider with
international experience to provide a highly secure, available and
robust data center service. With established financial ecosystems in
major financial centers around the world, Equinix is able to support
mission-critical financial services applications to ensure business
continuity,” added Alex.
The SH5 data center offers premium data center services including
colocation and Smart
HandsTM services. With a team of highly trained and
experienced data center technicians, Equinix will provide its customers
with 24x7 support and installation assistance.
In addition to the recent acquisition of Asia Tone, Equinix also
announced the completion of the second phase of its second Hong
Kong data center, taking the total capacity at HK2 to 1,450 cabinets.
Equinix, Inc. (NASDAQ:EQIX), connects more than 4,000 companies directly
to their customers and partners inside the world’s most networked data
centers. Today, businesses leverage the Equinix interconnection platform
in 38 strategic markets across the Americas, EMEA and Asia-Pacific. 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.
1Frost & Sullivan: “Asia Pacific Data Center Services
Market Update 2010”, issued in November 2011
Source: Equinix, Inc.
Lorraine Little-Bigelow, + (852) 2970 7742
Leung, + (852) 2970 7711
Emma Jenkins or Annie Ho, + (852) 3944 5000