REDWOOD CITY, Calif.,
April 16, 2015 /PRNewswire/ --
Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data
center company, today opened a state-of-the-art data center in
Toronto, Ontario. Known as TR2,
the new data center will serve companies doing business in
Canada's largest financial,
networking and cloud computing market. Toronto is home to a rich financial services
ecosystem already present in Equinix with customers including
Chi-X, and Liquidnet. Equinix recently added leading foreign
exchange broker Oanda in TR2, as well as network service providers
Rogers, Telus, Cogeco, Allstream, Cogent, Beanfield and CFN
Networks. TR2 has direct access to TorIX, the Toronto Internet
Exchange, which is the largest Internet Exchange Point in
Canada with over 180 members.
The opening of TR2 is part of a larger global expansion for
Equinix. In March, the company announced that it is opening five
new International Business Exchange™ (IBX®) data centers on
four continents to create more capacity for global companies to
connect to their partners, customers and employees. In addition to
TR2, Equinix has extended its global footprint with the opening of
new IBX data centers in London, New York, Singapore and Melbourne
and expanded its IBX in Rio de Janeiro. By providing this increased
capacity, Equinix expands its role in advancing the digital
economy's interconnected era, in which businesses are demanding
increasing levels of interconnection to accelerate business
performance.
Highlights / Key Facts
- Toronto is Canada's finance and business capital,
generating $286B annually and
representing approximately 20 percent of Canada's GDP1. Rated as one of the
top 10 global cities with economic clout2, and one of
the top three cities in the Americas for economic potential and
infrastructure3, Toronto provides an ideal business environment
for companies looking for a competitive edge. Furthermore,
Toronto's financial services
sector is the largest in Canada
and the fastest growing in North
America.
- Centrally located at the corner of Front Street and Parliament
Street in Toronto, TR2 offers
interconnections among global enterprises, cloud and network
service providers and financial services companies, to name a few.
Today TR2 provides connections to 60+ network service providers and
the ability to interconnect directly to more than 155 companies
that have colocated with Equinix in Toronto via TR1, Equinix's original
Toronto data center.
- The TR2 IBX data center has approximately 34,000 square feet
(3,158 square meters) of colocation space in its initial phase with
675 cabinets available to customers. Equinix has invested
$42M in the site to date and
estimates that it will invest over $100M to fully build out the facility in five
phases in the coming years. At full build the IBX will have
approximately 106,000 square feet (9,847 square meters) of
colocation space and 2,500 cabinets.
- Both TR1 and TR2 are on multiple fiber routes with diverse
routes in and out of Toronto,
enabling highly reliable, high-performance connectivity for mission
critical applications. Additionally, the proximity of the Equinix
Toronto data centers to the United
States offers enterprises a strategic location for business
continuity and disaster recovery operations.
- Equinix is home to one of the most robust electronic trading
ecosystems in Canada and the two
Equinix data centers in Toronto
include more than 30 financial firms including five of the top
eight Canadian electronic trading platforms. This ecosystem
includes alternative trading systems, market data feeds, risk
management service providers, algorithmic trading engines and
banks.
- With more than 147,000 interconnections already established
among its customers, Equinix is the world's leading global
interconnection platform. Today, companies leverage a platform of
more than 100 data centers on five continents, their choice of more
than 1,000 network and cloud service providers and access to mature
ecosystems to accelerate their business.
Quotes
- Bill Sandiford, executive
director, Toronto Internet Exchange:
"Equinix has played a critical role in driving the growth of
TorIX and the ability to seamlessly interconnect with financial
services companies, clouds and global networks has been an
essential part of that expansion. Our company looks forward to
tapping new business opportunities as we expand our presence into
the Equinix TR2 facility."
- Drew Izzo, chief marketing
officer, OANDA:
"For us it's about providing infrastructure to develop more
innovative technologies for OANDA. Providing a greatly enhanced
disaster recovery site is essential, in the event that our main
datacenter has a catastrophic issue. We count on Equinix to ensure
that our clients get more from trading with OANDA."
- Karl Strohmeyer, president, Equinix
Americas:
"Our new state-of-the-art data center, TR2, combines superior
network density, best-in-class design and direct access to diverse
routes in and out of the metro for mission critical applications.
Leading companies are accelerating their business across Platform
Equinix and TR2 extends this opportunity in a top international
market."
Additional Resources
- Equinix Accelerates Interconnected Era with Global Launch of
Five New Data Centers [Press release]
- History of Interconnection – part 4 [blog]
- Platform Equinix Drives Business Innovation [video]
About Equinix
Equinix, Inc. (Nasdaq: EQIX) connects the world's leading
businesses to their customers, employees and partners inside the
most interconnected data centers. In 33 markets across five
continents, Equinix is where companies come together to realize new
opportunities and accelerate their business, IT and cloud
strategies. 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.
1 Invest Toronto;
http://www.investtoronto.ca/Business-Toronto/Business-Environment/Economic-Overview/Toronto-has-a-$286-Billion-Economy.aspx
2 PwC Cities of Opportunities Report, 2014
3 fDi North American Cities of the Future,
2013/14
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SOURCE Equinix