MANILA, The Philippines – June 3, 2025 – Equinix, Inc. (Nasdaq: EQIX), the world’s digital infrastructure company®, today announced the completion of the acquisition of three data centers in Manila, the Philippines, from Total Information Management ("TIM"), a leading technology solutions provider.

In 2024, the Philippines’ digital economy reached US$45 billion (PhP 2.5 trillion), accounting for 8.5% of the country's Gross Domestic Product.1 This encompasses a wide range of digital transactions, including digital-enabling infrastructure, e-commerce and digital media/content. The growing digital population, advancements in cloud development and government initiatives—such as the National Broadband Plan and the Digital Philippines Campaign—are also accelerating the nation’s demand for high-performance digital infrastructure and advanced technology like AI.

Equinix hosts more than 2,000 networks globally and has a nearly 40% market share of the on-ramps to the major cloud service providers, in the markets in which it operates. These newly acquired data centers also host leading network service providers with four of the main internet exchanges (IXs) in Manila. This robust network ecosystem offers a wide array of connectivity options for businesses that have a presence in the Philippines. With strategic partnerships with AI industry leaders like NVIDIA and HPE, Equinix’s entry into the Philippines will empower local organizations to connect with more than 10,000 companies within Equinix’s extensive global ecosystems, addressing growing demands for digital infrastructure and fostering AI innovation within the nation.

ASEAN has emerged as a premier destination for global businesses, drawing unprecedented foreign direct investment (FDI) inflows of US$230 billion in 2023, despite a 10% decline in global FDI.2 With a robust data center network spanning Indonesia, Malaysia, and Singapore, Equinix’s facilities in the Philippines will provide global customers and partners the opportunity to build their digital infrastructure in this vibrant market and throughout the wider region.

Cyrus Adaggra, President, Asia-Pacific, Equinix, said: "This expansion is instrumental in fostering interconnection, enabling our customers and partners to scale seamlessly and securely within one of the region’s most dynamic digital economies. By broadening our footprint in the Southeast Asia region, we are not only expanding our digital platform but also supporting the development of cutting-edge AI services and technology, aligning with the governments’ digital ambitions. This move reaffirms our commitment to empowering Philippines with innovative, world-class infrastructure to thrive in an increasingly interconnected world."

Highlights / Key Facts

  • The three carrier-neutral and high-performance data centers – MN1, MN2 and MN3 –provide more than 1,000 cabinets of capacity and land for further expansion. The newly launched facility, named MN2, provides 500 cabinets of capacity. Acquiring these data centers enables Equinix to immediately support local and global customers looking to expand into the Philippines.
     
  • Southeast Asia is an important and one of the fastest-moving markets. Hot on the heels of the inauguration of its first data center in Jakarta, Indonesia, Equinix's entry into the Philippines further amplifies its ability to serve the growing digital infrastructure demands of Southeast Asia. Equinix currently operates data centers in key Southeast Asian countries, including Indonesia, Malaysia and Singapore. The company also recently announced an expansion plan in Thailand.
     
  • With today’s announcement, the global footprint of Platform Equinix spans more than 270 data centers across 75 metros and 35 countries. Equinix operates 63 data centers in 17 key metros across Asia-Pacific, including Australia, China*, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, Philippines and Singapore.

*Equinix operates five data centers in Shanghai through a strategic partnership 

Additional Resources

About Equinix
Equinix (Nasdaq: EQIX) is the world’s digital infrastructure company®. Digital leaders harness Equinix’s trusted platform to bring together and interconnect foundational infrastructure at software speed. Equinix enables organizations to access all the right places, partners and possibilities to scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value, while supporting their sustainability goals.

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, risks to our business and operating results related to the current inflationary environment; foreign currency exchange rate fluctuations; stock price fluctuations; increased costs to procure power and the general volatility in the global energy market; the challenges of acquiring, operating and constructing IBX® and xScale® 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; 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; risks related to regulatory inquiries or litigation and other risks described from time to time in Equinix filings with the Securities and Exchange Commission. In particular, see recent and upcoming 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.

Equinix Media Contact (Asia-Pacific)
Annie Ho
annho@ap.equinix.com

 

1 https://psa.gov.ph/statistics/digital-economy
2 https://unctad.org/press-material/southeast-asia-foreign-investments-resilient-despite-global-economic-uncertainties

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