Expansion of Platform Equinix in London will Support Growth of
Financial and Cloud Services Provider Customers
LONDON, Jul 11, 2011 (BUSINESS WIRE) --
Inc. (Nasdaq:EQIX), a provider of data center services, today
announced the opening of the second phase of its latest London (LD5)
International Business Exchange(TM) (IBX(R)) data center. This expansion of
Platform Equinix(TM) adds another 4,000 square meters of customer space and
capacity for 1,400 cabinet equivalents in the London metropolitan area.
Russell Poole, managing director, Equinix UK, said, "London is one of
the largest and fastest growing data center markets in the world and the
opening of LD5's second phase underlines our commitment to support our
customers' growth. We have been focusing our efforts on providing a
global platform to meet the demand for colocation and network exchange
services from the whole market. At the moment, this growth in demand is
particularly strong from financial services firms and cloud service
The LD5 facility was first opened in April 2010 and is built on the same
campus as Equinix's existing LD4 IBX data center. The two facilities are
connected by more than 1,000 diverse dark fiber links, enabling
customers from across the campus to easily grow their operations and
directly exchange business information.
The LD4/LD5 campus gives customers access to more than 40 carriers
providing network services and low latency diverse fiber routes into
Central London. This location is also attractive because of its
connectivity to direct transatlantic cables that offer London clients
the lowest possible latency to North America, saving precious
milliseconds in data exchange.
The campus is home to Equinix's Financial Services offering, an active
community of execution venues and other financial market participants,
such as Chi-X, State Street Bank and Fixnetix, who locate in close
proximity to each other to directly exchange data, speed up execution
times and increase trading volumes. This new phase reflects Equinix's
ongoing commitment to meeting the growing demands of the trading
community, as the adoption of high frequency trading strategies across
multiple-asset classes in Europe continues to increase. Through high
performance standards, consistency of service and the ability to attract
key participants, Equinix continues to cement its position as the
destination of choice for the financial services sector.
The LD5 IBX data center has been created to provide customers with
highly resilient yet energy efficient data center services, including a
number of design features to maximize efficiency and reduce the overall
power consumption of the facility.
Tom Murphy, senior manager of data center's infrastructure for
T-Systems, Deutsche Telekom's outsourcing division, said, "The launch of
the second phase of LD5 has enabled us to strengthen our relationship
with Equinix and allows us to expand our footprint with them within the
LD4/LD5 campus. We have worked with Equinix for a number of years now,
with installations in several of Equinix's IBX data centers throughout
Europe. The global reach and consistently high level of service fits
well with our corporate strategy."
The Equinix LD5 IBX data center is being built out in phases, timed to
meet market demand. On completion of all four phases, the data center
will spread over a total 27,800 square meters of gross space, and have
capacity for a total of 5,600 cabinet equivalents.
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://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.
SOURCE: Equinix, Inc.
Equinix Media Contact (Global)
Scott Blevins, +1-415-992-4400
Equinix Media Contact (Europe/U.K.)
Camille Pomey, +44 (0)20 8846 0789