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Aug 4, 2015
REDWOOD CITY, Calif. and SINGAPORE, Aug. 4, 2015 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced the second phase expansion of its third International Business Exchange™ (IBX®) data center in Singapore, known as SG3. When complete, phase two of SG3 will see an additional 2,000 cabinets, bringing its total operational capacity to 3,000 cabinets. This brings Equinix's total investment in Singapore to over $350M. The second phase expansion is an indicator of Equinix's continued commitment to the region, where market demand for leading data center services from cloud and financial sectors is growing.
Since March, Equinix has opened five new data centers across four continents with locations in New York, Singapore, Melbourne, London, and Toronto. This has not only greatly expanded Equinix's global footprint, but the increased capacity also strengthens its ability to help global companies connect directly to a large network of partners, customers and employees. With more and more businesses collaborating across borders and a range of platforms, Equinix is a key proponent of the interconnected era and, together with the Equinix Cloud Exchange, is bringing people and businesses closer together to accelerate business growth.
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About Equinix
Equinix, Inc. (Nasdaq: EQIX) connects the world's leading businesses to their customers, employees and partners inside the most interconnected data centers. In 33 markets across five continents, Equinix is where companies come together to realize new opportunities and accelerate their business, IT and cloud strategies.
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.
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SOURCE Equinix, Inc.
For further information: Equinix Media Contacts, Lorraine Little-Bigelow (Asia), Equinix Asia-Pacific, + (852) 2970 7742, llittlebigelow@ap.equinix.com, Kim Danker / Nina Chua, LEWIS PR for Equinix Asia-Pacific, + (65) 6571 9140, EquinixSG@lewispr.com, Liam Rose (Americas), +1 (650) 598-6590, lrose@equinix.com, Equinix Investor Relations Contact, Katrina Rymill, +1 (650) 598-6583, krymill@equinix.com