BX1 will be the first carrier-neutral data center in the New Aquitaine region, built to meet the needs of edge computing and growing digital ecosystems
REDWOOD CITY, Calif. – March 04, 2021 – Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company™, today announced it intends to open its first data center in Bordeaux, France, in Q3 2021. With direct fiber links to Equinix’s International Business Exchange™ (IBX®) sites in Paris, this new facility—named BX1—will provide global businesses and local authorities located in New Aquitaine with the ability to connect directly and securely to the world's digital economy, via comprehensive digital ecosystems.
Increasing connectivity opportunities further, BX1 will provide a landing hub for the new submarine cable, AMITIE, due to link France to the United States and Great Britain, creating a new European gateway for data traffic between the United States and Europe.
The COVID-19 pandemic has revealed the true importance of digital technology. From telecommuting, to increased automation and collaboration, technological innovation has made it possible to comply with restrictions, but also to capture new opportunities.
Indeed, digital transformation is reshaping industries worldwide. According to the World Economic Forum, digital will account for 60% of global GDP by 2022, and it is estimated that 70% of the new value created over the next decade will be based on digital platforms. However, this development is dependent on the ability to process data and create synergies between companies within physical infrastructures, located as close as possible to users.
Strategically located in the southwest of France, near the Atlantic coast, Bordeaux is establishing itself as a new hub on the map of global connectivity. A pioneer of the smart city concept, Bordeaux has attracted a high concentration of start-ups and is home to cutting-edge industries such as aerospace and optics photonics. The city is also home to a growing business community of global and local companies that require low latency, increased bandwidth and strong connectivity to major network, content and cloud services providers, to establish and grow their businesses.
BX1 further supports this growing digital hub. And by providing access to Platform Equinix®, the development will offer a highly connected footprint of capabilities and services, enabling businesses to connect their core digital infrastructure around the world.
Equinix (Nasdaq: EQIX) is the world’s digital infrastructure company, enabling digital leaders to harness a trusted platform to bring together and interconnect the foundational infrastructure that powers their success. Equinix enables today’s businesses to access all the right places, partners and possibilities they need to accelerate advantage. With Equinix, they can scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value.
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 data centers and developing, deploying and delivering Equinix products and solutions, unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenues from customers in recently built out or acquired data centers; a 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; risks related to our taxation as a REIT; and other risks described from time to time in Equinix filings with the Securities and Exchange Commission. In particular, see recent Equinix 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.
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