June 12, 2011
Equinix To Build Third Data Center in Amsterdam
REDWOOD CITY, CA & AMSTERDAM — June 9, 2011— Equinix, Inc. (NASDAQ: EQIX), a provider of global data center services, today announced plans to build a third International Business Exchange™ (IBX®) data center in Amsterdam (AM3), just six months after the official opening of AM2, the second IBX in the same market, indicating strong demand for Equinix data center services. The first phase of AM3 is expected to be completed in the third quarter of 2012. The new IBX will be located in the Amsterdam Science Park, one of the most carrier-dense locations in Europe with more than 150 networks, and when completed will provide approximately 6,400 square meters of customer floor space.
“To announce three Amsterdam data centers in three years is a great measure of Equinix’s strategic and financial commitment to supporting the growth of its customers. The new AM3 IBX will meet strong local and global demand, while underlining Equinix’s commitment to building some of the most energy-efficient carrier-neutral data centers possible,” said Eric Schwartz, President of Equinix EMEA. “AM3 will further extend Platform Equinix in Europe, while supporting our growing global customer base with a full range of premium colocation, interconnection and support services for industry sectors including financial institutions, networks, enterprises, content, cloud and IT services firms.”
The project will be built in phases, with the first phase adding approximately 1,400 cabinet equivalents. When the second and final phase is completed, the IBX will house approximately 2,800 cabinet equivalents. The new Leadership in Energy and Environmental Design (LEED) certified data center will use hot and cold storage in ground wells to avoid the use of powered cooling where possible. Excess heat from the data center will be used to warm nearby buildings and for other third-party uses. The use of sustainable technologies enables Equinix to offer its customers industry-leading data center services and a meaningful reduction in carbon footprint.
Schwartz explained how the location in the Amsterdam Science Park will benefit customers: “The close proximity to various internet exchanges and the University of Amsterdam will make AM3 one of the key hubs for serving the European continent. Moreover, the extremely high carrier density at the Amsterdam Science Park enables customers to improve their networks’ and applications’ flexibility and resilience. As with other IBXs in Amsterdam, AM3 will deliver this high level of carrier connectivity combined with the Equinix Carrier Ethernet Exchange. ”
The company’s previously provided capital expenditures guidance of between $615 and $665 million in 2011 includes the forecasted 2011 spending for this new data center.
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. More than 3,350 enterprises, cloud, digital content and financial companies connect to more than 650 network service providers and rely on Platform Equinix to grow their business, 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.