This is the Tagline, edited under "Misc Content"
Dec 8, 2021
SYDNEY, Australia – December 9, 2021 — Equinix, Inc. (Nasdaq: EQIX), the world’s digital infrastructure company™, today opened a new International Business ExchangeTM (IBX®) data centre in Perth, Australia, named PE3. With an initial investment of US$54 million (approximately A$71.7 million), PE3 is the company’s 18th IBX in Australia and strengthens Perth’s position as the digital gateway between Australia, Asia-Pacific and the Middle East.
Perth is a strategic part of Australia’s internet infrastructure due to its proximity to Southeast Asia and direct connectivity with Asia-Pacific, European, Middle East and Africa regions via subsea cables. As the alternative path from Sydney for redundancy and a faster route to key global markets, Perth is a strategic location for global cloud, network and over-the-top (OTT) providers, as well as Australian governments, mining and the resources sectors.
Perth is undergoing accelerated digital transformation over the past 18 months due to the COVID-19 pandemic and most recently the Digital Strategy announced by the Western Australian Government.[1] In September 2021, the West Australian State Government recorded a $5.6 billion surplus, pledging to spend on health, infrastructure, housing and climate change as part of its 2021-22 State Budget. This included $500m to upgrade its digital technology infrastructure over the next four years. [2] PE3 meets the growing demand for private low-latency connectivity in Western Australia and provides access to the digital infrastructure building blocks organisations need to support their digital transformation journeys.
Highlights / Key Facts
Quotes
“JTSI’s Invest and Trade WA team welcomes Equinix’s investment in the State and the positioning of Perth’s growing importance as a digital gateway to global markets. Invest and Trade WA looks forward continuing to work with Equinix as the State develops a thriving local technology industry.”
“The past two years has seen greater demand for low-latency, high performance applications, resulting in significant increases in traffic on networks and subsea cables. In today’s environment, our partnership with Equinix is essential to getting edge compute as close to our customers as possible, improving the customer experience and helping them pursue a digital-first strategy. Perth is a strategic digital gateway into and out of Australia. The opening of PE3 presents more collaboration opportunities for us to grow in the fast-developing Perth market.”
“CorpCloud is excited to see continued investment from Equinix to expand its digital infrastructure in Western Australia. The opening of Equinix’s third data centre in Perth will enable us to further support the continued acceleration of digitalisation among businesses with our unified cloud and telecommunications solutions. Critical infrastructure like PE3 will provide the essential digital building blocks we need to develop transformative technology pathways for our customers.”
“The opening of our 18th IBX in Australia is another significant milestone for Equinix. The West Australian market has experienced substantial growth driven by the acceleration of digital transformation across industries. Digital leaders are increasingly coming to Equinix to access all the necessary essential infrastructure required to create a digital advantage. With continued investment in subsea cables, Perth is becoming a key gateway for digital expansion and collaboration into Asia-Pacific and the Middle East, enabling our customers and partners to expand into new regions, countries and metros around the world.”
Additional Resources
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 products and solutions; unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenues from customers in recently built out or acquired data centers; a 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; risks related to our taxation as a REIT; 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.
Media Contact (Asia-Pacific)
Annie Ho
+852 2970-7761
annho@ap.equinix.com
Equinix Media Contact (Australia)
Graham White
+61 404 840 533
graham@pratar.com.au