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Oct 26, 2017
REDWOOD CITY, Calif., Oct. 26, 2017 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced the opening of its newest International Business Exchange™ (IBX®) data center at its Ashburn campus in Virginia. Named DC12, the $98.5M facility supports the growing demand for interconnection capacity to enable enterprises and government agencies to address new opportunities in the digital economy. The first phase of DC12 will add 1,500 cabinets and more than 57,800 gross square feet of data center space, and provides campus cross-connectivity. At full build, the facility will provide capacity for approximately 3,000 cabinets. With the addition of DC12, Equinix now operates 14 IBX data centers in the Washington, D.C. area.
The Ashburn campus is a major communications gateway to Europe and the largest internet peering point in North America. The DC12 IBX data center offers access to a dense mix of top global networks, cloud service providers, digital content companies and social media platforms, offering enterprise and government agency customers the ability to interconnect with partners and customers to quickly and efficiently exchange critical operational data.
Since its founding, Equinix has invested nearly $1 billion to build and expand its presence in the Washington, D.C. metro area, which is the world's largest concentration of data centers. Equinix has purchased four additional parcels of land spanning 34.5 acres for future expansion as needed.
Highlights/Key Facts
Quotes
"Northern Virginia is the largest data center market in the U.S. and attracts data center tenants from around the world that require interconnection to an extensive ecosystem of cloud and network providers. We believe the region will continue to see rapid growth as data centers race to provide capacity for fast-growing cloud service providers and the digital businesses that seek to connect to these clouds. Equinix's Ashburn campus embodies the kind of facility that is able to provide interconnection opportunities to businesses that need to improve their overall performance. The Equinix Washington, D.C. data centers are examples of how interconnection is evolving to help companies accelerate their digital transformation."
"The Equinix Ashburn campus features one of the highest densities of networks and cloud providers within our global platform of IBX data centers. Interconnection opportunities for enterprises and government agencies across the Washington, D.C. metro are immense and will enable customers to accelerate their digital transformation."
Additional Resources
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 48 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 data 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 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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SOURCE Equinix, Inc.
For further information: Michelle Lindeman, +1 (650) 598-6361, mlindeman@equinix.com; Equinix Investor Relations Contacts: Katrina Rymill, +1 (650) 598-6583, krymill@equinix.com; Chip Newcom, +1 (650) 598-6262, cnewcom@equinix.com