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Sep 23, 2020
REDWOOD CITY, Calif., Sept. 23, 2020 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company, today announced it has been selected as a strategic supplier for Nokia's Worldwide IoT Network Grid (WING) managed service, in a collaboration to bring next-generation edge architectures and services to market. WING allows operators without an IoT footprint to gain fast entry to the IoT market or to help operators expand an existing IoT business.
Nokia is leveraging Equinix IBX data centers to deploy both core and edge nodes to support mobile, IoT and cloud connectivity at global scale. With Platform Equinix®, Nokia WING is able to support markets across the globe in areas such as IoT data traffic and device density, as well as local regulatory environments (such as GDPR). Nokia is leveraging Equinix's global data center footprint to enable the efficient collection from, and distribution across, multiple networks and clouds. Additionally, Nokia and Equinix are exploring edge architectures and deployment models that can improve the performance of use cases relating to cloud computing, artificial intelligence, machine learning and IoT.
The globally anticipated proliferation of data will increase demand for localized data collection and analysis across cities and countries. Faster, lower latency infrastructures—like that brought to market by Equinix and Nokia—provide the required gigabit speed and the ability to connect and collect data from billions of IoT devices. With this solution, Nokia is helping mobile network operators extract valuable insights to evolve their business performance. Nokia is working with Equinix to roll out WING deployments quickly and efficiently for its customers across regions.
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About Equinix
Equinix (Nasdaq: EQIX) is the world's digital infrastructure company, enabling digital leaders to harness a trusted platform to bring together and interconnect the foundational infrastructure that powers their success. Equinix enables today's businesses to access all the right places, partners and possibilities they need to accelerate advantage. With Equinix, they can scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value.
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: Equinix Media Contacts: Michelle Lindeman (Americas), +1 (650) 598-6361, mlindeman@equinix.com, Annie Ho (Asia-Pacific), Equinix, +852 2970-7761, annho@ap.equinix.com, Jess Sullivan (EMEA), +44 (0) 7876 712 861, jess.sullivan@eu.equinix.com, Equinix Investor Relations Contacts: Katrina Rymill, +1 (650) 598-6583, krymill@equinix.com, Chip Newcom, +1 (650) 598-6262, cnewcom@equinix.com