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Oct 24, 2024
JOHANNESBURG, South Africa – October 24, 2024 – Equinix, Inc. (Nasdaq: EQIX), the world’s digital infrastructure company™, has opened its first International Business Exchange (IBX) data center in South Africa.
The new Equinix facility, known as JN1, is located in Germiston, Johannesburg, and is already welcoming new customers and partners. JN1 is a key facility within the Equinix global network, designed to support and enhance growing digital infrastructure and connectivity in the region including access for businesses of all sizes to cloud and connectivity services from this new Johannesburg base.
As the business capital of Southern Africa, Johannesburg is home to a thriving economy and talent pool. The JN1 site is in a key economic center and a rapidly growing interconnection point on the African continent. Already a strategically important connectivity hub for digital networks, South Africa boasts a significant network of submarine cables across its expansive coastline. Strong financial services, industrial and professional services sectors have resulted in local and international firms using the city as a hub for regional operations and the city attracts a large number of foreign and local investments making it the ideal location for Equinix’s first data center in the country.
The new facility provides over 20,000 square feet (1,900+ square meters) of colocation space in its initial phase, with plans for expansion to more than 100,000 square feet (9,515 square meters) at full build out. The site boasts significant power capacity making it suitable for high-density deployments with the capability to implement liquid cooling to support those deployments.JN1 has 700 cabinets in its initial phase, with plans for 3,475 cabinets when fully built out.
Sandile Dube, Managing Director for South Africa at Equinix said, “Our brand new JN1 data center in Johannesburg serves as a powerful platform for people and businesses to connect, innovate, and flourish not only in South Africa but also beyond. The new site presents a truly unique opportunity for South Africans as it places us firmly on the map and will be a key interconnection hub on the continent to some of the fastest growing countries and businesses in the world. It is a proud day for me to be leading this expansion into South Africa and I believe that this is a crucial milestone for the country in its digital and connectivity journey for thousands of residents”.
New deployments of some of South Africa’s most well established businesses including Liquid Intelligent Technologies, Intelys Technology Group, SEACOM and WorkOnline Communications as well as the INX-ZA's Johannesburg Internet Exchange (JINX) have already been established.
Equinix is committed to sustainability with a near term approved science-based target to reduce its Scope 1 and 2 emissions by 50% by 2030 against a 2019 baseline.
The opening of this new site demonstrates Equinix’ commitment to the continent as it continues to invest in its African operations. In April 2022 it acquired MainOne which has data centers in Nigeria, Ghana and Cote d’Ivoire.
About Equinix
Equinix (Nasdaq: EQIX) is the world’s digital infrastructure company™. Digital leaders harness Equinix’s trusted platform to bring together and interconnect foundational infrastructure at software speed. Equinix enables organizations to access all the right places, partners and possibilities to scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value, while supporting their sustainability goals.
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, risks to our business and operating results related to the current inflationary environment; foreign currency exchange rate fluctuations; stock price fluctuations; increased costs to procure power and the general volatility in the global energy market; the challenges of acquiring, operating and constructing IBX® and xScale® 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; 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; risks related to regulatory inquiries or litigation and other risks described from time to time in Equinix filings with the Securities and Exchange Commission. In particular, see recent and upcoming 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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