Equinix : Invests $113M in New Amsterdam Data Center

REDWOOD CITY, Calif. and AMSTERDAM, July 12, 2016 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced that it will build a new International Business Exchange((TM)) (IBX(®)) in Amsterdam at its existing campus at the Amsterdam Science Park. The newest data center, called AM4, will support growing demand for Platform Equinix(TM) in Amsterdam, one of the most network-dense locations globally. Equinix also announced today it is now offering direct connectivity to AWS in Amsterdam.

Amsterdam has long been a key digital gateway, as businesses can reach 80 percent of Europe within 50 milliseconds, making this an ideal market for enterprises to locate their IT infrastructure to maximize performance. Already operating two significant Amsterdam data center campuses, Equinix will add capacity to meet growing demand for hybrid cloud, interconnection and connectivity to business ecosystems across a number of vertical markets and internet exchanges.

Highlights / Key Facts

    --  Equinix will invest $113 million, in the first phase of development for
        the AM4 data center which will house 1,555 cabinets. On completion of
        the four expansion phases the facility will represent a total investment
        of $189 million and provide 4,200 cabinets on eight floors of data
        center space with a total usable floor area of more than 124,000 square
        feet (11,500 square meters). The building and first phase is expected to
        be completed and operational by Q2 2017.
    --  With more than 850 customers and connections with over 125 network
        service providers, the Equinix data centers in Amsterdam represent one
        of the most dense network concentrations in the world. Customers benefit
        from direct connections with their own customers and suppliers in their
        digital supply chain. Moreover, the colocation facilities of Equinix in
        Amsterdam provide proximity to the Amsterdam Internet Exchange (AMS-IX)
        and the Neutral Internet Exchange (NL-ix) -- two of the largest internet
        exchange in the world -- bringing together over 1,000 ISPs, telecom
        operators, and content providers and hosting services from all over the
        world.
    --  High connectivity makes Amsterdam Science Park an attractive location
        and cloud hotspot in Europe, which handles around 38 percent of the
        Dutch data traffic, making it the second-largest data route in the
        Netherlands. Additionally, Amsterdam serves a high concentration of
        e-commerce, advertising, broadcasting and gaming companies, and a strong
        peering and network base to facilitate reliable content delivery to
        end-users. This is an increasing trend, as businesses begin to realize
        the benefits of collocating IT infrastructure closer to the edge and
        adopting an interconnection-first approach to their IT architecture.
    --  Equinix provides customers access to a robust cloud ecosystem including
        leading CSPs such as AWS, Google Cloud Platform, Microsoft Azure,
        Microsoft Office 365, Oracle, and IBM Softlayer. Equinix is the only
        data center provider in the Benelux to offer access to this combination
        of cloud service providers, which allows businesses to flexibly create a
        multi-cloud environment to meet their changing IT needs. Additionally,
        Equinix brings together buyers and sellers of cloud services via the
        Equinix Cloud Exchange(TM) in 21 markets globally including Amsterdam.
    --  AM4, which will stand more 70 meters high, will be adjacent to Equinix's
        AM3 data center, which was opened in 2012 and expanded last year. AM3
        has won numerous awards for its advances in innovation and
        sustainability through the use of in-ground Aquifer Thermal Energy
        Storage, instead of mechanical cooling, so that heat generated by our
        data centers can be used to warm nearby buildings. These and other
        sustainable technologies at Equinix's Amsterdam data centers help
        customers realize significant energy savings and reduction in their CO2
        footprint.
    --  Following the recent acquisition of TelecityGroup, Equinix now operates
        more than 145 data centers globally across 40 markets including seven
        data centers in Amsterdam (AM1, AM2, AM3, AM5, AM6, AM7 and AM8).

Quotes

    --  Eric Schwartz, president EMEA, Equinix:"As one of the most pivotal
        connection points in the world, Amsterdam continues to play a
        significant role in facilitating the flow of data that supports the
        digital economy. With the build of AM4, Equinix will bring to market
        more opportunity for interconnection to connect companies to their
        customers, employees and partners and to ultimately accelerate their
        business performance."

Additional Resources

    --  Equinix Amsterdam data centers [website]

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 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.

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SOURCE Equinix, Inc.