This is the Tagline, edited under "Misc Content"
Aug 7, 2016
SYDNEY, Aug. 7, 2016 /PRNewswire/ -- Equinix, Inc., the global interconnection and data centre company, today announced the completion of the second phase expansion of its International Business Exchange™ (IBX®) in Melbourne, known as ME1. Phase two of ME1 provides 750 new cabinets and brings an additional 17,900 ft² of colocation space to the facility. This US$28 million investment is an indicator of Equinix's continued commitment to customers, prospects and partners in the region.
The news was welcomed by customers, including the newly signed Yarra City Council, who is benefitting from greater choice in managed service and cloud providers, specifically Microsoft Azure and Office 365, which the council rolled out earlier this year.
Key facts/Highlights
Quotes
"We spoke to four different providers and Equinix just felt right immediately. It was a combination of the quality of the data centre, the unmatched interconnection offering, the global scale of Equinix's operations, and the company's roadmap for the future. Our vision in the next two years is to move our existing data centre operations into Equinix and pursue our cloud-first innovation strategy. This means our staff and the population of Yarra stand to benefit significantly from improved platforms and services and increased, high-speed connectivity."
"The development and expansion of ME1 phase two addresses the growing demand from businesses planning to expand into Melbourne, which is now home to 25 percent of the Australian business population. Melbourne is a significant site for us, and one of the most requested by our customers. With our twin-metro strategy in Australia, customers can leverage the thriving customer base and the rapidly expanding ecosystems available to them. We're looking forward to seeing Yarra City Council grow and scale as they embrace interconnection."
About Equinix
Equinix, Inc. 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.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/equinix-announces-completion-of-us28-million-expansion-of-melbourne-data-centre-300310184.html
SOURCE Equinix, Inc.
For further information: Equinix Media Contact (Asia-Pacific), Angelika Tam, + (852) 2970 7761, antam@ap.equinix.com, Equinix Media Contact (Australia), Danica Brindley, Howorth, +61 2 8437 5390, danica@howorth.com.au