July 28, 2010
Equinix Opens $80 Million International Business Exchange Data Center in Washington, D.C. Metro Area
Sixth D.C. Area Data Center will Help Meet Global Demand for Peering and Traffic Exchange Services, and the Expansion of Cloud and IT Provider Services
FOSTER CITY, CA — July 28, 2010 — Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, today announced the opening of DC6, its sixth International Business Exchange™ (IBX®) data center in the Washington, D.C. metropolitan area. The new IBX data center offers 1,750 cabinets to the telecommunications, enterprise, cloud and IT, and content companies that are either headquartered or have a significant presence in the area. Adding the DC6 IBX data center to the existing campus of data centers will enable Equinix to strengthen its peering, cross connect and traffic exchange services, and help its customers extend their market reach.
The Washington, D.C. metropolitan area, which serves as the eastern hub of Internet traffic exchange in the United States, is an important metropolitan area for Equinix and its customers. In addition to being the site of the first Equinix IBX data center (DC1), the six IBX data centers in the metro area serve more than 500 customers and feature the largest peering center in North America, which also functions as one of only three GRX (GPRS Roaming Exchange) peering sites in the world. The metro area also serves as the #2 hub (narrowly behind Silicon Valley) for Equinix cloud computing and IT customers looking to optimize the performance of their infrastructure, platform, software-as-a-service, systems integration and managed service solutions.
Current and prospective customers have access to more than 180 networks in the carrier-neutral DC6 IBX data center. Presently, Equinix Washington, D.C. metro customers, including rich ecosystems for network and content services providers, cloud and IT services, and enterprise and the federal government, quickly and efficiently exchange critical business data with their strategic partners. This business exchange capability decreases operating expenses, improves reliability and creates unique monetization opportunities.
“As the economy continues to globalize, the Washington, D.C. metro area increases in strategic importance,” said Peter Ferris, president, Equinix North America. “The region serves as the main hub for inbound and outbound traffic and is a crucial component of any global expansion plan. Adding DC6 to our roster of IBX data centers will greatly strengthen our leadership position in the area and will help us better serve our expanding ecosystem of global companies.”
Equinix, Inc. (Nasdaq: EQIX) provides global data center services that ensure the vitality of the information-driven world. Global enterprises, content and financial companies, and more than 595 network service providers rely upon Equinix's insight and expertise to protect and connect their most valued information assets. Equinix operates 89 data centers across 35 metro areas in North America, Europe and Asia-Pacific.
Important information about Equinix is routinely posted on the investor relations page of its Web site located at http://www.equinix.com/investors. We encourage you to check Equinix's website regularly for the most up-to-date information.
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.