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Jun 13, 2017
REDWOOD CITY, Calif., June 13, 2017 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced a collaboration with Alibaba Cloud, the cloud computing arm of Alibaba Group, to provide enterprises with direct, scalable access to Alibaba Cloud via the Equinix Cloud Exchange™ in the company's Hong Kong, Silicon Valley, Sydney, and Washington, D.C., International Business Exchange™ (IBX®) data centers, with the addition of Frankfurt and London available soon.
The cloud computing market continues to grow rapidly in Asia, and specifically China. According to the U.S. International Trade Administration, the Chinese cloud market is expected to grow at 40% per year through 2020, reaching $20 billion. Access to Alibaba Cloud is critical for multinational customers looking to expand their cloud-based applications into this growing region in a secure and high-performing manner. By providing multi-national enterprise customers with secure and direct access to Alibaba Cloud, Equinix delivers connectivity to the full suite of Alibaba cloud services to enterprises. Furthermore, Alibaba Cloud Express Connect enables companies to leverage the extensive Alibaba Cloud network in mainland China.
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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 44 markets worldwide, Equinix is where companies come together to realize new opportunities and accelerate their business, IT and cloud strategies. http://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.
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SOURCE Equinix, Inc.
For further information: Equinix (Americas), Sally Comollo, +1-781-366-5580, scomollo@equinix.com; or Equinix (Asia Pacific), Mona Wong, +852 2970 7742, mowong@ap.equinix.com; or Equinix (EMEA), Liam Rose, +44 (0) 207 618 9602, liam.rose@eu.equinix.com