Global interconnection platform accelerates business transformation in the digital age
REDWOOD CITY, Calif., May 8, 2019 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, will open 12 new International Business Exchange™ (IBX®) data centers and expand 23 existing IBX data centers in 2019 as part of an expected $1.730 to $1.920 billion of non-recurring capital expenditure expansion program for the year as announced on the company's Q1 2019 earnings call.
Equinix plays a strategic role in advancing enterprise digital transformation, for which global businesses are demanding increasing levels of direct and private connectivity with customers and partners. This interconnection is optimally achieved through the robust ecosystems of clouds, networks and services available at Equinix globally. By providing new capacity in 2019, Equinix continues to extend Platform Equinix®, further enabling companies to deploy their IT infrastructure and services at the digital edge in more than 50 metros across the globe.
The following new IBX data centers will open in 2019 and, where applicable, will be directly connected to other Equinix IBX data centers within each metro via fiber links between the sites.
Q2 Planned Openings
Q3 Planned Openings
Q4 Planned Openings
2019 Expansions of Existing IBX Data Centers – In addition to the 12 new IBX openings in 2019, Equinix expansions of existing IBX data centers include 23 projects that will open in 2019 in the Amsterdam, Atlanta, Chicago, Dallas, Frankfurt (three expansion projects), Hong Kong (three expansion projects), London (four expansion projects), Madrid, New York, Osaka, Paris, Perth, Seattle, Stockholm and Zurich (two expansion projects) metros.
"Connectivity is critical for the development of modern distributed, hybrid, multi-cloud environments. Datacenter facilities that offer the ability to interconnect with an extensive ecosystem of network and cloud providers can provide enterprises with distinctive strategic advantages in their markets. Equinix's datacenters and its expanding interconnection platform provide the type of environment that enables companies to accelerate their cloud strategies and execute on digital transformation."
"As digital transformation is reshaping virtually every industry across the globe, companies are thinking differently about how they interact with every element of their supply chain, and a clear architecture of choice is emerging – one that is cloud-first, distributed and hybrid. To achieve this, their architecture needs to be deployed at the digital edge, where Equinix resides and continues to expand its unmatched global reach with the investments we are making in 2019 and beyond."
Equinix,Inc. (Nasdaq: EQIX) connects the world's leading businesses to their customers, employees and partners inside the most-interconnected data centers. On this global platform for digital business, companies come together across more than 50 markets on five continents to reach everywhere, interconnect everyone and integrate everything they need to create their digital futures. Equinix.com.
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 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; 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.
SOURCE Equinix, Inc.