This is the Tagline, edited under "Misc Content"
Apr 21, 2022
Hong Kong – April 21, 2022 – Singapore is ranked as the second data center market globally – tied with Silicon Valley – and tops the Asia-Pacific ranking for its robust ecosystem, excellent connectivity, consistent demand, and local presence of all major cloud services.[1] To support the increasing demand for digital infrastructure crucial to power Singapore’s digital economy, Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company™, today announced an investment of US$86 million to expand its fifth International Business Exchange™ (IBX®) data center in Singapore, SG5.
The facility is awarded the Singapore Building and Construction Authority’s (BCA) Green Mark Platinum certification for its leading-edge sustainable design and practices. This is in line with the Singapore government’s emphasis on energy efficiency in new data center construction.
Yee May Leong, Managing Director, Equinix South Asia commented, "The expanded capacity of SG5 allows us to meet the rapidly increasing demand for digital infrastructure. Our digital infrastructure empowers public and private organizations with the capabilities necessary for innovation, participation, and success in the digital economy. This is crucial as enterprises in Singapore continue their drive towards digital transformation, solidifying Singapore’s status as Southeast Asia’s premier business and technology hub. The BCA Green Mark Platinum certification is a testament to our ability to build sustainable data centers, which is in line with the government’s National Green Plan 2030 and Smart Nation agenda.”
Equinix is also selected by Inligo Networks to establish a cable landing station for its Asia Connect Cable System (ACC1) subsea cable in Singapore. ACC1 will provide low latency, high capacity connectivity between Singapore, Indonesia, Australia and the United States. The Equinix data center campus in Singapore is connected to 14 key submarine cable systems, including ACC1, underscoring the company’s long-term commitment to Singapore’s Digital Hub ambitions.
Simon Zettl, Chief Revenue Officer, Inligo Networks, “Equinix emerged as the partner of choice for us due to its entrenched global footprint, as well as its extensive ecosystems of major network and cloud service providers that facilitate the connectivity necessary to maximize outcomes in today’s digital world. With Singapore’s status as a gateway to Asia-Pacific, we look forward to working with Equinix to deliver optimal functionality and value for fast-digitalizing organizations and economies throughout the region.”
Key Highlights
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)
Equinix
Annie Ho
+852 2970 7761
annho@ap.equinix.com
Media Contact (Hong Kong)
Team LEWIS
Tweety Chan
+852 3002 3761
equinixHK@teamlewis.com