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March 9, 2016
REDWOOD CITY, Calif., March 9, 2016 /PRNewswire/ -- Equinix, Inc., the global interconnection and data center company, today announced that it has incorporated technology designed by Facebook and available from the Open Compute Project (OCP) to help develop an open source ecosystem inside Equinix International Business Exchange™ (IBX®) data centers. As part of this announcement Equinix and Facebook will collaborate on technology innovation to build a diverse, open source platform for both software and hardware. Building on contributions to OCP, this ecosystem will be built on a new, open source architecture that will enable faster innovation, and create greater efficiency in data center and hybrid cloud deployments. To facilitate this ecosystem, Wedge open source switches, developed by Facebook and contributed to OCP, will be part of the new architecture inside Equinix. By working with Facebook to build this ecosystem, Equinix is able to provide its enterprise customers with an optimal environment to push technology boundaries and develop next-generation interconnection solutions.
Many industry trends are driving the need for the massive scaling and performance increases provided by open source hardware and software. For example, the industry is rapidly moving toward a more software-centric model, wireless capacity for 5G is currently limited, and there is an explosion of devices that require massive scaling. OCP and the resulting ecosystem forming inside Equinix will provide the scale and performance to further drive these innovations and trends through interconnection. As a result, customers will have an open source hardware and software platform to deploy their mobile, Internet of Things (IoT) and hybrid cloud deployments in a cost-effective manner.
Highlights / Key Facts
Equinix, Inc. (Nasdaq: EQIX) connects the world's leading businesses to their customers, employees and partners inside the most interconnected data centers. In 40 markets worldwide, Equinix is where companies come together to realize new opportunities and accelerate their business, IT and cloud strategies. /.
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.
SOURCE Equinix, Inc.
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