REDWOOD CITY, Calif.,
March 2, 2017 /PRNewswire/ --
Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data
center company, today announced it has purchased four parcels of
land spanning 34.5 acres in Loudon County, Virginia, proximate to Equinix's current
Ashburn data center campus. The
acquisition of this property will provide Equinix with room to
build multiple new greenfield International Business
Exchange™ (IBX®) data centers in this densely
interconnected location.
Highlights / Key Facts
- The four parcels, purchased for $34.5
million, are proximate to the main Equinix campus in
Ashburn, at the corner of Waxpool
Road and Loudoun County Parkway.
- Equinix's 10 IBX data centers in the Washington, D.C. metro area cover more than
500,000 square feet and serve 850+ customers, representing the
largest Internet exchange point in North
America and one of the largest in the world.
- The Equinix facilities house rich ecosystems that allow network
and content providers, cloud and IT services providers, and
enterprise and government customers to quickly and efficiently
exchange critical data with their customers and partners as they
interconnect at the digital edge.
- In October 2015, Equinix
announced the groundbreaking of its North
Ashburn campus, located in close proximity to its existing
data center campus in the area. Upon completion, this
expansion will encompass five new facilities with more than one
million square feet of new space.
- The acquisition of the Ashburn
property is a continuation of Equinix's strategy to purchase land
and buildings to increase ownership of Equinix assets. Over
the last four quarters, Equinix has purchased land to expand key
campuses in Ashburn, Silicon
Valley and Chicago, and it has
purchased Equinix IBX buildings in Amsterdam, Paris and Rio de
Janeiro.
Quotes
- Karl Strohmeyer, President,
Americas, Equinix:
"The increasing pace of the
shift to digital is having a significant impact on global
businesses, pushing their IT operations closer to the digital edge
where their customers, partners and employees are located.
The acquisition of this property will enable Equinix to accommodate
the growing number of global companies that are solving the digital
edge through interconnection with the robust ecosystem of strategic
business partners located at Equinix's Ashburn campus."
- Kelly Morgan, Research Vice
President, Services, 451 Research:
"Northern Virginia is the largest multi-tenant
datacenter (MTDC) market in the U.S. by operational square feet and
will continue to grow rapidly, as several new facilities are
expected to come online in the next one to two years. The market
has seen consistently strong demand, enabling providers like
Equinix to fill large builds quickly. Northern Virginia not only attracts datacenter
tenants from all over the globe interested in connectivity, but
providers there serve government agencies and local
businesses."
Additional Resources
- Background on Equinix Washington, D.C. Area IBX Data
Centers
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 41 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.
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SOURCE Equinix, Inc.