Leverages Platform Equinix in Atlanta to serve growing global customer base
REDWOOD CITY, Calif., Feb 28, 2011 (BUSINESS WIRE) -- Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, today announced that Colocube, LLC, a global enterprise and private cloud hosting solutions provider, has joined Platform Equinix in its International Business Exchange(TM) (IBX(R)) data center in Atlanta (AT1). The move enables Colocube to further penetrate the Atlanta market, as well as reach Equinix's customer base in more than 35 strategic markets in 11 countries in North America, Europe and Asia-Pacific.
Colocube supplies enterprise cloud and private cloud hosting services to a broad range of industries and its vendor-neutral cloud environment can be customized to meet each customer's application requirements. Equinix customers have the ability to directly connect to Colocube in AT1 through a simple cross-connect. In addition to serving Atlanta, Colocube is able to leverage Equinix's global footprint to expand into new markets and optimize the performance of cloud applications. New customers for Colocube include Titan Trading Analytics Inc. (TSX Venture: TTA, OTCBB: TITAF), a hosted provider of behavioral research and trading strategies for the financial services industry, who is relocating its headquarters to Atlanta.
"To best serve our growing customer base we needed a vendor that could meet our needs in Atlanta today, while also anticipating what we may need in the future," said Fred Tanzella, CEO of Colocube. "Equinix is not only able to meet our physical data center needs, but having access to their rich ecosystems and global platform allows us to expand our business to service customers across North America and globally."
Colocube's cloud offerings are carrier neutral and monitored by third-party Internet security firms. This security is critical for organizations like Titan that serve the highly regulated financial services industry. Titan's proprietary trading solution, Tick Analyst, monitors real-time data and simultaneously sifts through a decade of historical stock trades to generate behavioral trade recommendations. This data is delivered to hedge funds, prime brokers and retail brokers in real-time to help them make informed trading decisions. Terabytes of data are processed for Titan to identify hidden trading opportunities. Through Colocube and Equinix, Titan will be able to locate servers and data in key financial markets, where its customers are, reducing latency and improving performance. Titan is planning to expand beyond Atlanta and will be leveraging Colocube and Equinix data centers in New York, Chicago and London, with plans to extend into EMEA and Asia-Pacific over the next 12 months.
"The nature of our product requires a high-performance, secure and scalable environment to deliver the real-time analytics our financial services customers require," said John Coulter, President and CEO of Titan Trading. "With Colocube and Equinix, we have decreased the amount of time it takes to generate new algorithms by a factor of five, allowing us to focus on our customers, not our servers."
"We're excited to introduce Colocube into the Equinix ecosystem as our first managed cloud provider in the Atlanta IBX," said Vince DiMemmo, general manager, Cloud and IT services at Equinix. "Customers like Titan Trading get the benefits of Colocube's cloud management tools, while also having access to Equinix's interconnect capabilities, decreasing latency while reaching key customers in the global financial services market."
Colocube is a global provider of managed cloud, managed hosting, and high-density computing services for mission critical applications that allow enterprises to scale operations while reducing costs and IT infrastructure support. At Colocube, we are focused on providing dense solutions that reduce our customer's required footprint, which translates into direct savings for our customers.
Colocube is one of the most respected high performance hosting companies in the industry serving a global customer base. Colocube has partnered with premier companies that are leaders in their respective industries to provide best in class service to our customers. Visit Colocube at www.colocube.com
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. More than 3,275 enterprises, cloud, digital content and financial companies connect to more than 625 network service providers and rely on Platform Equinix to grow their business, improve application performance and protect their vital digital assets. Equinix operates in 35 strategic markets across North America, Europe and Asia-Pacific and continually invests in expanding its platform to power customer growth. 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.
Colocube, Colocube Enterprise Cloud and the Colocube logo are trademarks of Colocube, LLC. All other trademarks and company names mentioned are protected by their respective owners.
SOURCE: Equinix, Inc.
LEWIS PR for Equinix
Catherine Koo, +1-415-992-4400
Lynn Kuroski, +1-770-312-8700