April 8, 2010
Equinix Continues Global Expansion Program With Third IBX Data Center in Paris, France
Foster City, CA and Paris, France - 8 April 2010 - Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, today announced it has opened its third International Business Exchange™ (IBX®) data center in Paris, France. The PA3 IBX data center was built in response to the growing demand for premium colocation and interconnection services in the city. Doubling Equinix's capacity at the Saint-Denis campus, also home to its PA2 IBX data center, PA3 is Equinix's largest IBX data center in Paris. The recent expansion is part of Equinix's $2.0 billion investment to grow global operations between 2007 and 2010.
Conveniently located 15 minutes north of Paris, the new high specification PA3 IBX data center offers redundant fiber links that directly connect the PA3 IBX data center with the existing PA2 IBX data center located at the Saint-Denis site. The data center provides a full range of colocation, interconnection and support services where 49 customers have deployed infrastructure. Equinix IBX data centers also enable business ecosystems where customers can directly connect to strategic partners, optimizing the delivery of their content and critical applications.
When fully built out, the PA3 IBX data center will have 116,230 square feet of available gross space (10,800 gross square meters).
“Through our ongoing strategy of disciplined expansion, Equinix has reinforced its position as a global leader in the data center market with the latest expansion of its footprint in Paris,” said Michel Brignano, French General Manager, Equinix. “As demand for our services in this important metro remains strong, the PA3 IBX data center provides important growth capacity and additional space for further expansions, placing us in an excellent position to respond quickly to the needs of the market and support our customers as they expand.”
PA3 is the third in a series of recently announced IBX data center openings, joining the recently opened GV2 IBX data center in Geneva, Switzerland, and the LD5 IBX data center in London, England. The company has also announced plans to open a fourth IBX data center in Zurich, Switzerland, which is expected to open in Q2 2010.
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 network service providers rely upon Equinix's insight and expertise to protect and connect their most valued information assets. Equinix operates 51 International Business Exchange™ (IBX®) and partner data centers across 19 markets 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.