Subsidiary ALOG Opens Additional Data Center in São Paulo
REDWOOD CITY, Calif., Jun 13, 2011 (BUSINESS WIRE) --
Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, today announced that ALOG Data Centers of Brazil S.A., a Platform Equinix Company, has opened its third International Business Exchange(TM) (IBX(R)) data center in Brazil.
Located in Tamboré, the new data center (SP2) is ALOG's second facility in the São Paulo metropolitan area--ALOG also operates a data center in Rio de Janeiro. Today's opening is the first phase of the build-out of SP2 and provides approximately 400 cabinet equivalents, with the ability to expand by as much as 1,200 cabinet equivalents.
ALOG is one of the leading carrier-neutral data center providers in Brazil and serves approximately 1,000 local and international customers. Equinix and Riverwood Capital completed the acquisition of ALOG in April 2011, extending Platform Equinix(TM) to the South America market. With the addition of SP2, Platform Equinix now includes 96 data centers across 37 global markets.
Sidney Breyer, CEO of ALOG, said, "The addition of our new Tamboré site will allow us to support our customers' growth and meet strong demand for our carrier-neutral data center services. Becoming part of Platform Equinix has increased that demand as Brazilian companies look to expand into new regions and multinational companies are eager to establish or expand their presence in Brazil's rapidly growing economy."
For example, with Brazil now a major financial market, Orange Business Services - Trading Solutions, a provider of voice and electronic trading infrastructure and services for the trading communities, recently announced that it is establishing a point of presence in Equinix's NY4 data center to enable direct market access to its trading partners in Brazil. Trading Solutions already connects to ALOG's Rio de Janeiro and São Paulo data centers and is part of Platform Equinix in Frankfurt, Geneva, London and Zurich.
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 3,350 enterprises, cloud, digital content and financial companies connect to more than 650 network service providers and rely on Platform Equinix to grow their business, improve application performance and protect their vital digital assets. Equinix operates in 37 strategic markets across the Americas, EMEA and Asia-Pacific and continually invests in expanding its platform to power customer growth. http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.equinix.com&esheet=6756446&lan=en-US&anchor=http%3A%2F%2Fwww.equinix.com&index=5&md5=0aad7ec66066d416d12046a7a3fcfe76
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 risks and uncertainties associated with our investment in ALOG, including, but not limited to, uncertainties associated with the growth of Brazil's IT market and its economy as a whole, the risks of international operations and the challenges of realizing expected synergies. We also face other general risks, including, but 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.
SOURCE: Equinix, Inc.
Equinix Media Contact (U.S.)
Scott Blevins, +1-415-992-4400