New data center will improve access to commercial centers of Latin
REDWOOD CITY, Calif., Apr 25, 2012 (BUSINESS WIRE) --Equinix,
Inc. (Nasdaq: EQIX), a provider of global data center services,
today announced plans to build a third International Business Exchange(TM) (IBX(R))
data center in Florida. The new facility in Boca Raton (MI3) will
support strong demand for Equinix data center services in the greater
Miami metropolitan area and provide critical overseas connectivity.
Scheduled to open in the fourth quarter of 2012, MI3 will provide 31,300
square feet of floor space, with additional space available for future
expansion. The capital investment in MI3 of $18 million is already
reflected in Equinix's guidance for 2012.
The Miami area has the sixth highest Internet capacity globally and
serves as a key hub for domestic and international routes. Boca Raton is
home to several major fiber-optic cable landing stations and MI3 is on
the lowest latency route to Brazil, which will allow Equinix to serve
high-bandwidth events such as the upcoming 2014 FIFA World Cup and 2016
in Brazil. With its investment in ALOG, Equinix is in a strong position
to offer managed hosting and colocation services from its three
Brazil-based IBX data centers to serve the needs of customers looking to
expand in the region. Additionally, the MI3 location in Boca Raton will
offer important geographic diversity. While only 44 miles from Miami,
Boca Raton is located outside of the evacuation zone for up to category
5 hurricanes making it ideal for business
"As the seventh-largest economy in the world, Brazil is primed for
strong economic and infrastructure growth, making it an attractive
country for multi-national investment and expansion," said Charles
Meyers, president of the Americas for Equinix. "The new MI3 data center
in Boca Raton is a strategic addition to Platform Equinix offering a
gateway to Latin America, which will allow us to better meet the growing
demands of our customers in this important market."
telecom (Nasdaq: TWTC), a provider of managed services including
business Ethernet, converged and IP VPN services to enterprises and
carriers throughout the U.S. and globally, will expand its Equinix
footprint into MI3 to support growing customer demand for its carrier
Ethernet services, and to reach a rich ecosystem of cloud service
providers and enterprise customers operating in Equinix data centers.
"Platform Equinix brings connectivity options, particularly for
next-generation cloud services, for our enterprise customers in a wide
range of industries, including healthcare, government, financial
services, retail, technology and education," said Tom Marx, president of
National Sales, Wholesale Services for tw telecom. "We are now in 22
Equinix data centers around the world and Platform Equinix continues to
help drive our business by quickly bringing new service offerings to our
27,000 customers or even connecting with new customers through the
Equinix Marketplace. The potential to do additional business in South
America via MI3 is an exciting opportunity, as that region is a current
hotbed for growth."
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. Platform Equinix connects more than 4,000 enterprises, cloud,
digital content and financial companies including more than 700 network
service providers to help them grow their businesses, improve
application performance and protect their vital digital assets. Equinix
operates in 38 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 Contacts
for Equinix, Inc.
Liam Rose, +1-415-318-4380
Katrina Rymill, +1-650-598-6583