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May 12, 2022
Helsinki, Finland – May 12th 2022 – Equinix, Inc. (Nasdaq: EQIX), the world’s digital infrastructure company™, has entered into agreements with both Netnod and FICIX to add nodes to its data centre platform. The new partnerships mean that Equinix will be able to offer ever-faster connections to its customers and support Finland in becoming an international business hub by accelerating the growth of international business traffic at its world-class HE7 site.
The expansion of Internet exchange (IX) in Finland is a rare occurrence and is a clear demonstration of positive and rapid market growth in the country as well as the power international connectivity can bring to businesses working with Equinix, according to Sami Holopainen, CEO of Equinix Finland.
"The new nodes act much like an airport for data transmission to Finnish and international operators – through the hub, international data connects into more locations and travels faster than ever, with lower latency to Finnish local networks," says Holopainen. “The new hub is an effective solution to the growing need for Finnish and international companies to exchange traffic with the networks that are important to their business, at a low threshold. At the same time, the new nodes will increase the stability of the connections.”
Accelerated growth in teleworking, cloud services and increased volume of data output from international companies require Finnish service providers to provide more and improved interconnection solutions, increasing demand for IXs on its platform.
With the new agreements, Equinix now has a total of three IXs on its main campus in Helsinki, making it the first of its kind in Finland by adding two leading providers of IX services in the Nordic countries,
Netnod and FICIX, to Equinix Internet Exchange (EIX).
“We see that in the future, the need for interconnection services will rise, especially from international businesses who want to access the local network and data transmissions. For instance, the new hub will give a competitive advantage to the fast-growing Finnish financial sector as well as internet service providers and mobile phone operators,” adds Holopainen.
“It was clear to us at Equinix that we want to invest in a new hub, and through that, invest in developing the wider interconnectivity ecosystem. The hub is a sign of new cooperation at the European level, positively supporting the development of the entire Internet market,” concludes Holopainen.
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 centres 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 centres; 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.
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