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Mar 21, 2016
REDWOOD CITY, Calif. and SÃO PAULO, March 21, 2016 /PRNewswire/ -- Equinix (NASDAQ: EQIX), the global interconnection and data center company, today announced that it will build its fifth International Business Exchange™ (IBX®) data center in Brazil. The new data center in São Paulo – SP3 – will have an initial first-phase investment of $76M with the ability for up to five additional phases and is scheduled to be finished in the first quarter of 2017. SP3's nearly 2,800 cabinets will double the company's inventory in Brazil.
Earlier this month Equinix announced that it will open four new International Business Exchange™ (IBX®) data centers in Tokyo, Dallas, São Paulo and Sydney, to create more capacity for global companies to connect to their partners, customers and employees. These organic additions plus the recent acquisitions of Bit-isle in Japan and Telecity in EMEA will expand Equinix's global interconnection platform to nearly 150 data centers by the end of the year. By providing additional capacity in the coming year, Equinix continues to play a central role in advancing the digital economy's interconnected era, in which businesses are demanding increasing levels of interconnection to accelerate business performance.
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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 40 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 (Americas), Liam Rose, +1 (650) 598-6590, lrose@equinix.com; Equinix Media Contact (Brazil), Ilana Trinkenreich, + 55 21 98666-6560, itrinkenreich@equinix.com; Equinix Investor Relations Contacts, Katrina Rymill, +1 (650) 598-6583, krymill@equinix.com