Equinix invests $34 million (approximately €31 million) in third Warsaw data center to increase interconnection capacity in key emerging market
REDWOOD CITY, Calif. and WARSAW, Poland, Nov. 7, 2019 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced the development of a new data center in Warsaw, opening in Q1 2020. Known as WA3, the new International Business Exchange™ (IBX®) data center will offer state-of-the-art colocation, as well as a host of advanced interconnection services. By bringing this capacity to market, Equinix is helping Polish businesses to advance their business digitization and cloud transformation initiatives, as well as enabling global businesses to expand their digital operations in Poland.
Today's organizations are working hard to transform the way they create value in a digital world. Digital disruption is causing IP traffic to explode worldwide, accelerating the need for connectivity. Companies can extend network infrastructure to the edge and enhance workload performance by shortening the distance between digital services and users. By providing this increased capacity in Warsaw, Equinix will expand its role in advancing the digital economy, in which businesses are demanding increasing levels of interconnection to accelerate business performance.
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. 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. www.equinix.com.
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.