May 5, 2010
Equinix Continues European Expansion as Fourth Data Center in Zurich Opens
New Equinix ZH4 International Business Exchange data center to provide 2,300 gross square meters of additional capacity in Switzerland
Zurich, Switzerland, May 5, 2010 - Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, today announced it has opened its fourth International Business Exchange™ (IBX®) data center in Zurich, Switzerland, more than doubling its capacity in the city. The new 2,300 gross square meter IBX data center, called ZH4, has been built to meet the rising demand for premium colocation and interconnection data center services in the region, particularly from global and local network service providers and financial services firms. The $13.5m investment in the ZH4 IBX data center is part of Equinix's $2.0 billion expansion program to grow data center operations globally between 2007 and 2010.
The addition of Equinix's fourth IBX data center in Zurich provides extra capacity for approximately 500 cabinet equivalents, increasing the company's overall data center space in this strategic market to a total of 4,760 square meters.
Located in central Zurich on the same campus as Equinix's ZH1 and ZH2 IBX data centers and just 1.5 km from the nearby ZH3 IBX data center, the new ZH4 IBX data center builds on the rich network density at Equinix's existing facilities, providing customers with a wide range of connectivity options and immediate access to more than 70 networks. Carriers operating within the Zurich campus include Belgacom ICS (International Carrier Services), Cablecom, Cogent Communications, Gas&Com, Global Crossing, Level 3 Communications, Sunrise, and VTLWaveNet, part of the Viatel Group.
The ZH4 IBX data center also offers a variety of other premium data center services including colocation, interconnection and peering, direct cross-connects between networks, and access to the Equinix Exchange central switching fabric. To ensure resilient dual-site solutions, all four of Equinix IBX data centers in Zurich are connected via redundant networks.
“At a time when demand for data center space in Switzerland is at an all time high, we are delighted to offer our customers and prospects a new IBX data center which provides increased capacity, security and resilience to meet the critical needs of their operations,” said Frits van der Graaff, general manager for Equinix in Switzerland.“Based in central Zurich, the ZH4 IBX data center will be able to support the established telecommunications and financial industries, as well as attract customers from other growth sectors.”
The ZH4 IBX data center provides customers with a highly resilient yet energy efficient data center infrastructure, providing industry leading uptime with a standard provision of two N 1 Uninterruptable Power Supplies (UPS) to each cabinet. Alongside Equinix's three other Zurich based IBX data centers, ZH4 operates entirely on ecologically produced energy generated from solar and hydro power, as certified by Naturemade Star, the Swiss label for green power production and green electricity products.
“Our investment within Switzerland marks our ongoing commitment to expanding operations not only within Europe, but globally,” said Eric Schwartz, president, Equinix Europe. “Our global reach means that customers looking to expand their operations can confidently grow with us knowing that we can support their business needs now and in the future.”
Equinix, Inc. (Nasdaq: EQIX) provides global data center services that ensure the vitality of the information-driven world. Global enterprises, content and financial companies, and more than 575 network service providers rely upon Equinix's insight and expertise to protect and connect their most valued information assets. Equinix operates 87 International Business Exchange™ (IBX®) and partner data centers across 35 metro areas in North America, Europe and Asia-Pacific.
Important information about Equinix is routinely posted on the investor relations page of its website located at www.equinix.com/investors. We encourage you to check Equinix's website regularly for the most up-to-date information.
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 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's filings with the Securities and Exchange Commission. In particular, see Equinix's recent 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.
Equinix and IBX are registered trademarks of Equinix, Inc. International Business Exchange is a trademark of Equinix, Inc.