Equinix Inc. (Nasdaq: EQIX), the leading provider of network-neutral data centres and Internet exchange services, has announced that it has completed the phase 1 build out of its London Slough (LD4) data centre.
The new construction, which was prompted by strong customer and market demand, is now available for new customer deployments. Among the first customers to move into the newly opened site are a leading global financial services firm and one of the world's top five providers of IT services.
The site is the largest of Equinix's four centres in London and Equinix has constructed a purpose-built shell to accommodate two floors of approximately 6,500m2 each. Phase 1 offers 5,000m2 of net data centre space. Phase 2 expansion is due for customer deployment during summer 2008, adding a further 5,000m2 of high specification net space.
The opening of the site, in response to strong customer growth, allows Equinix to expand its capacity in a market where it has operated since 1998: "The opening of the site represents a significant increase in our capacity and allows us to maintain our momentum in this important market," comments Russell Poole, General Manager - United Kingdom. "We are able to meet increasing demand from organisations seeking to leverage Equinix's secure and robust colocation facilities, as well as the multitude of carriers offering network services at Equinix."
The new data centre is built using innovative design conventions and features a physical infrastructure that is consistent with Equinix's industry-leading standards for high-performance security, environmental control and power availability. The site provides immediate access to eight network service providers including Abovenet and Exponential-e.
About Equinix - www.eu.equinix.com
Equinix is the leading global provider of network-neutral data center and interconnection services, offering premium colocation, traffic exchange and outsourced IT infrastructure solutions. Global enterprises, content companies, systems integrators and network service providers look to Equinix Internet Business Exchange (IBX®) centers for world-class reliability and network diversity. Equinix IBX centers serve as critical, core hubs for IP networks and Internet operations worldwide. With 37 IBX centers located in 17 strategic markets across North America, Europe and Asia-Pacific, Equinix enables customers to reliably operate their mission-critical infrastructures on a global basis.
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 IXEurope into Equinix; a failure to receive significant revenue from customers in recently built out 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; the results of any litigation relating to past stock option grants and practices; 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. Internet Business Exchange is a trademark of Equinix, Inc.