Equinix’s third site in Sydney will help meet strong demand from local enterprises and inbound multinationals
REDWOOD CITY, CALIFORNIA AND SYDNEY, AUSTRALIA — August 11, 2011 — Equinix, Inc. (NASDAQ:EQIX, news, filings), a provider of global data centre services, today announced the phase one opening of its third Sydney International Business Exchange™ (IBX) data centre, known as SY3. Built at a cost of US$65M, and located in south Sydney, SY3 provides 1,000 cabinet equivalents of capacity, expanding to 3,000 with subsequent phases. The new IBX significantly increases the company’s Sydney capacity and ability to meet high demand for premium colocation and interconnection data centre services.
“We continue to see strong demand for secure and well-connected data centre space in the Sydney market,” said Darren Mann, managing director, Equinix Australia. “We are experiencing a lot of demand from cloud and financial services companies. In the financial services sector the market requires the highest levels of reliability and lowest possible network latency for applications such as high frequency trading.”
SY3 has direct fibre connectivity to Equinix’s SY1 and SY2 IBX data centre campus, located less than one mile away, providing access to more than 60 network providers in total at all three facilities. In addition, SY3 has direct access to major networks.
SY3 supports a standard power density of 4kVA per cabinet, but can support much higher densities if required. The facility has been designed in accordance with the internationally recognised LEED (Leadership in Energy & Environmental Design) Gold standard certification system. LEED certification takes into account factors such as energy savings, water efficiency and CO2 emissions reduction.
Customers have already begun to capitalise on the opening of the new facility, with companies including Cloud Central, Intrapower and Orion VM locating into SY3.
“Cloud Central, Intrapower and Orion VM have been quick to utilise SY3 to meet strong demand for their respective services,” added Mann. “Equinix is an enabler of cloud services; an increasing number of service providers and end users are realising benefits from colocation, creating a dense cloud ecosystem within Platform Equinix. With so many cloud services providers in the one location, customers get access to a wide array of service offerings, whilst service providers have direct access to a potential customer base.”
Equinix was recently selected to sit on the Australian Government Information Management Office’s (AGIMO) data centre facilities panel, enabling the company to provide data centre services to all levels of Australian government.
Equinix, Inc. (NASDAQ: EQIX) connects businesses with partners and customers around the world through a global platform of high performance data centers, containing dynamic ecosystems and the broadest choice of networks. Platform Equinix connects more than 4,000 enterprises, cloud, digital content and financial companies including more than 675 network service providers to help them grow their businesses, improve application performance and protect their vital digital assets. Equinix operates in 38 strategic markets across the Americas, EMEA and Asia-Pacific and continually invests in expanding its platform to power customer growth. http://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.
Equinix and IBX are registered trademarks of Equinix, Inc. International Business Exchange is a trademark of Equinix, Inc.