REDWOOD CITY, Calif. and
PARIS, Aug.
1, 2016 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX),
the global interconnection and data center company, today announced
that it has completed the purchase of Digital Realty's operating
business in St. Denis, Paris,
including its real estate and data center facility, for EUR
€189,750,000 (approximately USD $211
million). The site currently houses Equinix's PA2 and PA3
International Business Exchange™ (IBX®) data centers and the
transaction furthers Equinix's corporate strategy of acquiring
assets to invest behind customers and business ecosystems in key
operating markets.
Highlights / Key Facts
- Purchasing St. Denis adds approximately 1,000 cabinets of sold
capacity to the 5,000 cabinets Equinix has already sold in PA2 and
PA3, plus expansion space for a further 1,000 cabinets in the
existing buildings to support customer growth. The acquired
facility is a dense interconnection site housing a core node of the
Equinix Internet Exchange, one of the leading traffic exchanges in
France.
- Today, Equinix's seven Paris data centers are business hubs for
more than 575 companies. With the current IT transformation
underway, global enterprises increasingly leverage Platform
Equinix™ for low-latency network connectivity, private access to a
menu of cloud service providers and interconnection with customers
and partners across their digital supply chain to run their
corporate IT.
- Equinix's Paris data centers
provide significant carrier and cloud density, making them ideal
sites to optimize network performance and deploy hybrid cloud
architectures. Equinix's global interconnection platform provides
access to over 160 network service providers and more than 100
cloud service providers in Paris
for maximum connectivity to leading business services including
Google Cloud Platform and IBM SoftLayer via Equinix Cloud
Exchange.
- The acquisition of the new Paris site enhances Equinix's recently
expanded data center portfolio in EMEA. In January 2016 Equinix acquired TelecityGroup plc,
which added 34 new data centers and seven new markets to the
company's offering in the region including Dublin, Helsinki, Istanbul, Manchester, Sofia, Stockholm and Warsaw. Equinix now operates 146 IBX data
centers in 40 markets, providing customers even more ways to
connect with other businesses around the world on Platform
Equinix.
Quotes
- Steve Smith, president and
CEO, Equinix:
"As one of the largest economies in Europe, France continues to be a strong destination
for local French businesses, as well as multinationals. We believe
that by fully owning the site of our PA2 and PA3 facilities and the
surrounding land, we will be able to ensure additional capacity and
the ability to interconnect more networks, clouds, people and data,
as customers require in the future."
Additional Resources
- Equinix Solidifies EMEA Data Center Portfolio [press
release]
- Equinix Expands Data Center Leadership Position with Close of
Telecity Acquisition [press release]
- The Successful Cloud-Enabled Enterprise [infopaper]
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 40 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 which are
based on current expectations, forecasts and assumptions that
involve risks and uncertainties that could cause actual results to
differ materially from expectations discussed in such
forward-looking statements, including statements related to the
purchase of land and business assets from Digital Realty in
Paris. Factors that might cause
such differences include, but are not limited to, unanticipated
costs or difficulties relating to the integration of companies or
assets we have acquired or will acquire into Equinix, including the
Paris assets; the challenges of
acquiring, operating and constructing IBX centers and developing,
deploying and delivering Equinix services; 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.
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SOURCE Equinix, Inc.