Showing posts with label Equinix. Show all posts
Showing posts with label Equinix. Show all posts

Wednesday, October 30, 2019

Equinix announces sales of $1.397B, up 9% yoy

Equinix reported Q3 2019 revenues of $1.397 billion, up 9% year-over-year, which includes $8 million of negative foreign currency impact when compared to prior guidance rates. GAAP net income amounted to $121 million, a 16% decrease from the previous quarter including a $16 million increased income tax expense attributable to FX hedge gains.



Charles Meyers, President and CEO, Equinix, stated: “We had another great quarter, building on our market leadership and unlocking the power of Platform Equinix by expanding our geographic reach, enhancing our market-leading interconnection portfolio and launching new offerings that respond to the evolving needs of our customers. We have a clear view of our strategy and are actively building new capabilities that will enable us to achieve our vision for the future of Platform Equinix, allowing customers to reach everywhere, interconnect everyone and integrate everything on their digital transformation journey.”

Some highlights:

  • Equinix achieved its best-ever third quarter bookings with strong performance across all three regions (Americas, EMEA and Asia-Pacific) with notable momentum in EMEA. 
  • Bookings this quarter spanned across more than 3,100 customers, with the majority of bookings composed of small to mid-sized multi-metro deals. 
  • In Q3, Equinix delivered record channel bookings, accounting for more than 30% of total bookings, with 60% of this activity going into the enterprise vertical. Interconnection growth again outpaced colocation revenues, growing 13% year-over-year on a normalized and constant currency basis, driven by solid traction across all interconnection products.
  • Equinix has the most comprehensive global interconnection platform, comprising over 356,000 physical and virtual interconnections. 
  • In Q3, Equinix added 8,500 interconnections, more per quarter than our top 10 competitors combined. 
  • In the quarter, Equinix surpassed 20,000 virtual connections enabled by Equinix Cloud Exchange Fabric (ECX Fabric™), which accounted for more than 5% of total interconnections and serves more than 1,800 customers.


Tuesday, October 8, 2019

Equinix acquires 3 data centers in Mexico from Axtel

Equinix agreed to acquire three data centers in Mexico from Axtel for US$175 million in cash. The three facilities, which serve the Mexico City and Monterrey metro areas, generated approximately $21 million of revenues in the 12 months ending December 31, 2018, with an EBITDA margin profile accretive to the Equinix business.

Equinix said the acquisition, when combined with the previous acquisitions of key traffic hubs in Dallas (Infomart) and Miami (NAP of the Americas), will further strengthen its global platform by increasing interconnection between North, Central and South America.

The three data centers will add approximately 115,000 square feet of colocation space to the Equinix International Business Exchange™ (IBX®) data center portfolio. Given the power capacity of these three sites, this transaction will make Equinix one of the largest network-neutral data center operators in Mexico. Including current expansion projects, Equinix has invested more than $500 million in its Latin American operations including Brazil, Colombia and now Mexico.

Equinix currently serves several Mexican businesses in IBX data centers outside of Mexico, such as the Mexican Stock Exchange in New York and multiple Mexican network service providers in Dallas. Upon closing, Axtel will be a customer and a strategic marketing partner in Mexico, and Axtel will retain a small minority ownership position in the three sites.

Tuesday, September 24, 2019

Equinix names Justin Dustzadeh as CTO

Equinix announced the appointment of Justin Dustzadeh as Chief Technology Officer (CTO).

Dustzadeh joins Equinix from Uber, where he was the Head of Global Network & Software Platform. Prior to Uber, Dustzadeh worked at Visa, where he spearheaded the transformation of Visa's global infrastructure (one of the world's most mission-critical environments) toward open, software-defined networking and cloud technologies—including SDN, NFV, network virtualization, containers and open/commodity hardware. Before joining Visa, Dustzadeh was Chief Technology Officer and Vice President of Technology Strategy at Huawei, held various positions at Ericsson and AT&T, was a founder of a Silicon-Valley technology startup, and worked at two leading service providers in France.

Dustzadeh received a B.S. in Theoretical Physics from École Normale Supérieure (Ulm) in Paris, and an M.S. and a Ph.D. in Computer Science from Télécom Paris.

Wednesday, September 18, 2019

Equinix extends global reach of Oracle Cloud infrastructure

Equinix will provide global reach for Oracle Cloud Infrastructure.

Oracle's Generation 2 Cloud Infrastructure is designed to create an infrastructure that matches the performance, control and governance of enterprise data centers, while delivering the scale, elasticity and cost savings of public clouds.

Recent global market expansions by Equinix in São Paulo, Sydney, Tokyo, Toronto and Zurich now provide customers in these metros with private and highly secure connectivity to Oracle Cloud Infrastructure FastConnect via Equinix Cloud Exchange Fabric (ECX Fabric).

As a part of the expanded collaboration, Oracle customers using Oracle Cloud Infrastructure in the Phoenix data center region can also now directly connect to Oracle Cloud Infrastructure FastConnect from Equinix International Business Exchange data centers in Los Angeles via ECX Fabric.

Currently, Oracle FastConnect is deployed in six Equinix IBX data centers, including Amsterdam, Chicago, Frankfurt, London, Sydney and Washington, D.C./Northern Virginia. Additionally, Equinix offers more private onramps to Oracle Cloud Infrastructure FastConnect in 32 other metros globally, ncluding:

  • 7 Asia-Pacific metros: Hong Kong, Melbourne, Osaka, Perth, Singapore, Sydney and Tokyo.
  • 13 American metros: Atlanta, Boston, Culpeper, Dallas, Denver, Houston, Los Angeles, Miami, New York, São Paulo, Seattle, Silicon Valley and Toronto.
  • 12 European metros: Dublin, Dusseldorf, Geneva, Helsinki, Madrid, Manchester, Milan, Munich, Paris, Stockholm, Warsaw and Zurich.

Wednesday, July 31, 2019

Equinix revenues increased 10% yoy in Q2

Equinix reported Q2 2019 revenue of $1.385 billion, up 10% over the same period last year and up 2% over the previous quarter. Net income and net income per share attributable to Equinix amounted to $144 million, a 22% increase over the previous quarter, or $1.69 per share.

Charles Meyers, President and CEO, Equinix stated: “Equinix had another strong quarter, as it continues to deliver distinctive and durable value for customers pursuing their digital transformation initiatives. As a variety of trends are making global businesses think differently about their infrastructure, Equinix is responding by both investing across its traditional strengths and layering in incremental capabilities that make it an easier-to-use, more accessible global platform. We see a large and expanding market opportunity, and we believe Equinix is uniquely positioned to capture this opportunity as customers prioritize digital transformation and adopt hybrid and multicloud as their architecture of choice.”

http://www.equinix.com

Equinix partners with Singapore's GIC on xScale Data Centers in Europe

Equinix has formed a joint venture with GIC, Singapore's sovereign wealth fund, to develop and operate xScaleTM data centers in Europe. The joint venture is initially valued at over $1 billion.

Equinix said initial facilities in the joint venture will serve the unique core workload deployment needs of a targeted group of hyperscale companies, including the world's largest cloud service providers. The facilities will be located on or proximate to some of Equinix's existing IBX campuses.xScale data centers will be managed and staffed by Equinix while ensuring seamless connectivity to the Equinix global platform, providing a consistent experience for the hyperscale companies.

Equinix cites two ways in which the new xScale data centers will provide hyperscale companies a differentiated value proposition from existing wholesale data center operators in two key areas:
xScale data centers will offer access to Equinix's comprehensive suite of interconnection and edge services. These services will tie into the hyperscale companies' existing access points at Equinix, thereby increasing the speed of connectivity to their existing and future enterprise customers.
xScale data centers will be engineered to meet the technical and operational requirements and price points of core hyperscale workload deployments. This enables hyperscale companies to consolidate core and access point deployments into one global provider to streamline and simplify their rapid growth.

Equinix has been working for years with hyperscale operators, including Alibaba Cloud, Amazon Web Services, Microsoft Azure, Oracle Cloud Infrastructure and Google Cloud. Currently, global deployments from the top hyperscale companies exceed $500 million in annual revenue at Equinix, with interconnection-rich retail deployments representing the most rapid growth segment of their deployments.

Under the deal, GIC will own an 80% equity interest in the joint venture and Equinix will own the remaining 20% equity interest. Equinix will sell both its London LD10 (retaining part of that business under a lease back) and Paris PA8 IBX data centers and the associated leases, as well as certain other development interests, to the joint venture. A significant portion of London LD10 and Paris PA8 are already leased.

The cmpanies envision additional new xScale data centers in Amsterdam, Frankfurt (two sites) and London. These initial six facilities, when fully built out, will provide approximately 155 megawatts (MW) of power capacity.

Wednesday, July 24, 2019

Equinix boosts its private cloud network onramp to AWS

Equinix is participating in the launch of the new AWS Direct Connect Service Delivery Program, which allows Equinix customers to use Hosted Connections with 1G, 2G, 5G and 10G capacities on Equinix Cloud Exchange Fabric (ECX Fabric). The enhanced capabilities ensure lower latency and higher bandwidth capacities for hybrid cloud architectures on Platform Equinix.

Equinix said the availability of new 1G, 2G, 5G and 10G capacities allows its customers using ECX Fabric to connect to a range of AWS services via AWS Direct Connect locations in the same metro where the customer's infrastructure is located. For other workloads requiring low latency, higher bandwidth and data sovereignty adherence, Equinix customers can use the new higher capacities on ECX Fabric to access all AWS services via AWS Direct Connect locations in metros different from where the customer's infrastructure is located.

"By offering Dedicated Connections, and Hosted Connections with new 1G up to 10G speeds on ECX Fabric, we are enhancing private cloud connectivity for enterprises to help them accelerate their hybrid cloud transformations," said Kaushik Joshi, Global Managing Director, Strategic Alliances, Equinix.

Monday, July 22, 2019

Verizon launches MPLS-based connectivity to Equinix data centers worldwide

Verizon launched a Software-Defined Interconnect (SDI) solution that provides Private IP network direct connectivity to 115 Equinix International Business Exchange (IBX) data centers around the globe within minutes. 

Verizon's SDI solution leverages an automated Application Program Interface (API) to quickly and simply integrate pre-provisioned Verizon Private IP bandwidth via the Equinix Cloud Exchange Fabric (ECX Fabric) while eliminating the need for dedicated physical connectivity.

“SDI is an addition to our best-in-class software-defined suite of services that can deliver performance ‘at the edge’ and support real-time interactions for our customers,” said Vickie Lonker, vice president of product management and development for Verizon. “Think about how many devices are connected to data centers, the amount of data generated, and then multiply that when 5G becomes ubiquitous. Enabling enterprises to virtually connect to Verizon’s private IP services by coupling our technology with the proven ECX Fabric makes it easy to provision and manage data-intensive network traffic in real-time, lifting a key barrier to digital transformation.”

Verizon notes that its private Multiprotocol Label Switching (MPLS) network is seeing high double-digit traffic growth year-over-year, and the adoption of colocation services continues to proliferate as more businesses grapple with complex cloud deployments to achieve greater efficiency, flexibility and additional functionality in data management.

Verizon manages 500,000+ network, hosting, and security devices and 4,000+ networks in 150+ countries.

Equinix opens eleventh data center in Tokyo

Equinix opened its eleventh International Business Exchange™ (IBX) data center in Tokyo, Japan.

The first phase of Equinix TY11 provides a capacity of 950 cabinets and colocation space of approximately 39,800 square feet (approximately 3,700 square meters). Upon completion of the planned future phases, the facility is expected to provide a total capacity of more than 3,500 cabinets and colocation space of more than 153,800 square feet (approximately 14,300 square meters), becoming the largest IBX data center to date in Japan. TY11 is situated in Ariake, a district in Koto ward, which is close to key venues for the upcoming Tokyo 2020 Olympic Games.

Equinix now operates a total of 11 data centers in Tokyo and two in Osaka.

In Asia-Pacific, Equinix now operates 42 IBX data centers across 12 markets. Globally, Equinix operates more than 200 IBX data centers across 52 markets and 24 countries.

Monday, July 1, 2019

Equinix partners with Singapore's GIC on xScale Data Centers in Europe

Equinix has formed a joint venture with GIC, Singapore's sovereign wealth fund, to develop and operate xScaleTM data centers in Europe. The joint venture is initially valued at over $1 billion.

Equinix said initial facilities in the joint venture will serve the unique core workload deployment needs of a targeted group of hyperscale companies, including the world's largest cloud service providers. The facilities will be located on or proximate to some of Equinix's existing IBX campuses.xScale data centers will be managed and staffed by Equinix while ensuring seamless connectivity to the Equinix global platform, providing a consistent experience for the hyperscale companies.

Equinix cites two ways in which the new xScale data centers will provide hyperscale companies a differentiated value proposition from existing wholesale data center operators in two key areas:
xScale data centers will offer access to Equinix's comprehensive suite of interconnection and edge services. These services will tie into the hyperscale companies' existing access points at Equinix, thereby increasing the speed of connectivity to their existing and future enterprise customers.
xScale data centers will be engineered to meet the technical and operational requirements and price points of core hyperscale workload deployments. This enables hyperscale companies to consolidate core and access point deployments into one global provider to streamline and simplify their rapid growth.

Equinix has been working for years with hyperscale operators, including Alibaba Cloud, Amazon Web Services, Microsoft Azure, Oracle Cloud Infrastructure and Google Cloud. Currently, global deployments from the top hyperscale companies exceed $500 million in annual revenue at Equinix, with interconnection-rich retail deployments representing the most rapid growth segment of their deployments.

Under the deal, GIC will own an 80% equity interest in the joint venture and Equinix will own the remaining 20% equity interest. Equinix will sell both its London LD10 (retaining part of that business under a lease back) and Paris PA8 IBX data centers and the associated leases, as well as certain other development interests, to the joint venture. A significant portion of London LD10 and Paris PA8 are already leased.

The cmpanies envision additional new xScale data centers in Amsterdam, Frankfurt (two sites) and London. These initial six facilities, when fully built out, will provide approximately 155 megawatts (MW) of power capacity.

Charles Meyers, President and CEO, Equinix, said "It has been a long journey to reach this point, but we are tremendously excited to announce the formation of our first xScale data centers joint venture. Partnering with a world-class investment partner like GIC will provide the opportunity to make significant capital investments in order to capture targeted large-footprint deployments while continuing to optimize our capital structure. The JV structure will enable us to extend our cloud leadership while providing significant value to a critical set of hyperscale customers. We look forward to launching similar JVs in other operating regions and believe that these efforts will continue to further differentiate Equinix as the trusted center of a cloud-first world."

Wednesday, June 19, 2019

Equinix expands collaboration with IBM Cloud

IBM Cloud is expanding its interconnect presence in the Equinix Cloud Exchange Fabric™ (ECX Fabric). IBM Cloud Direct Link Exchange is deployed in more Equinix International Business Exchange™ (IBX®) data centers worldwide than any other Direct Link Exchange provider. Current metros include Amsterdam, Chicago, Dallas, Frankfurt, Hong Kong, London, Melbourne, New York, Paris, São Paulo, Silicon Valley, Singapore, Sydney, Tokyo, Toronto and Washington, D.C.

Additionally, Equinix has joined the IBM Cloud Direct Link Service Provider Program, providing at least one Direct Link point of presence in each of IBM's strategic markets and enabling private connections to IBM Cloud that meet the digital transformation needs of many enterprises today.

ECX Fabric is an on-demand, SDN-enabled interconnection service that allows any business to connect between its own distributed infrastructure and any other company's distributed infrastructure.

Tuesday, June 18, 2019

Equinix promotes Jon Lin to President, Americas

Equinix appointed Jon Lin, a 10-year Equinix veteran, as President, Americas. Lin will be responsible for the regional management, strategy and growth plan for Equinix in the Americas, including existing operations in Brazil, Canada, Colombia and the U.S.

Lin succeeds Karl Strohmeyer, who served as President, Americas since 2013 and was appointed Chief Customer and Revenue Officer earlier this year, overseeing the company's overall go-to-market strategy.

Lin has held various roles since joining Equinix in 2009, most recently as Vice President, Americas Regional Corporate Development. In this role, he led the Americas regional strategic planning and was a leader in the one of the company’s largest transactions: the $3.6 billion acquisition of 29 data centers from Verizon in 2017. Lin also managed the integration of the Verizon data center assets into Equinix, with a special focus on supporting the company’s federal strategy development. In 2018, he also played a leading role in the acquisition of Infomart Dallas.

http://www.Equinix.com

Wednesday, June 12, 2019

Open Systems to deliver its SD-WAN via Equinix

Open Systems will deliver its secure SD-WAN service via Equinix global data centers.

Open Systems secure SD-WAN reduces network risks, simplifies compliance and eliminates the complexities of managing a global IT network. Integrated, multi-layered network security and protections are seamlessly built into every edge device. The global SD-WAN can be monitored from a single cloud-based interface and is backed 24/7/365 by Open Systems network and security operations and L3 DevOps engineers.

The Equinix Cloud Exchange Fabric directly, securely and dynamically connects the Open Systems secure SD-WAN across Platform Equinix, the global platform for digital business that enables deployment of digital infrastructure anywhere it’s needed.

“Our customers are moving to the cloud at an unprecedented rate, and the combination of the Equinix Cloud Exchange Fabric and the Open Systems secure SD-WAN makes it easier, faster and simpler to deliver applications in the cloud to users across multiple countries,” said Oren Yehudai, Senior Channel Sales Director, EMEA at Equinix. “We are very excited to be working with Open Systems to deliver this powerful solution on a global scale.”

“Open Systems has spent decades building the most robust, reliable and secure global network infrastructure, and the combination of Open Systems and Equinix provides a single worldwide solution that our customers can rely on to roll out applications powered by our leading secure SD-WAN solution,” said Matt Krieg, Chief Revenue Officer, Open Systems. “This new offering dramatically reduces complexity, increases cybersecurity, improves application performance and eliminates barriers to global expansion.”

http://www.open-systems.com

Wednesday, May 1, 2019

Equinix's revenues rise 12% YOY to $1.363 billion

Equinix reported quarterly revenue of $1.363 billion, a 4% increase over the previous quarter and up 12% over the same period last year. Net income amounted to $118 million, a 7% increase over the previous quarter.

"Equinix had a strong start to the year, delivering our best ever Q1 operating results including our largest ever quarter-over-quarter revenue step-up and our second-highest net bookings. Our bookings spanned more than 3,000 customers, with cross-border bookings up substantially year-over-year. We processed over 4,000 deals in the quarter, highlighting the diversity and high-volume nature of the Equinix retail colocation business," stated Charles Meyers, President and CEO, Equinix.

Some highlights:

  • Key customer wins and expansions included Hutchison 3G UK Limited, SpaceX and Tencent Holdings
  • Interconnection revenues continued to outpace colocation revenues in Q1 with total interconnections increasing to greater than 341,000
  • Raised $1,242 million in equity and S&P credit rating upgraded to investment grade (BBB-)

https://www.equinix.com/newsroom/press-releases/pr/123730/Equinix-Reports-First-Quarter--Results/

Tuesday, April 30, 2019

Equinix acquires Switch Datacenters' AMS1 data center

Equinix acquired Switch Datacenters' AMS1 data center business in Amsterdam, Netherlands, in an all-cash transaction for €30 million.

The facility, which will be renamed Equinix AM11 International Business Exchange (IBX) data center, is in close proximity to Equinix's existing campus in southeast Amsterdam. AM11 becomes Equinix’s ninth IBX data center in Amsterdam. The data center is a leased asset and adds approximately 250 cabinets of sold capacity and a total capacity for approximately 700 additional cabinets once the facility is completely built out. The site can also support the potential to expand into an adjacent building to accommodate future growth and approximately 1,300 additional cabinets.

Tuesday, April 16, 2019

Equinix expands its SDN-powered Cloud Exchange Fabric

The Equinix Cloud Exchange Fabric (ECX Fabric) is now providing connections between 37 markets across five continents.

ECX Fabric is an on-demand, SDN-enabled interconnection service that enables customers to privately interconnect clouds, networks and services to global data centers at their digital edge. The expanded connectivity allows customers to connect to clouds in other regions, between the Americas, Europe and Asia-Pacific.

Additionally, customers can use the expanded ECX Fabric service as a primary connection between Equinix International Business Exchange (IBX®) data centers or as a complement to their existing networks. ECX Fabric also enables customers to streamline their access to the world's largest cloud providers such as Amazon Web Services, Microsoft Azure, Oracle Cloud Infrastructure and Google Cloud on Platform Equinix.

Equinix said that more than 1,400 customers are currently using ECX Fabric and have established more than 14,900 active virtual connections to ECX Fabric.

ECX Fabric is currently available in 37 metros globally, including Amsterdam, Atlanta, Boston, Chicago, Culpeper, Dallas, Denver, Dublin, Dusseldorf, Frankfurt, Geneva, Helsinki, Hong Kong, Houston, London, Los Angeles, Madrid, Manchester, Melbourne, Miami, Milan, Munich, New York, Osaka, Paris, Perth, São Paulo, Seattle, Silicon Valley, Singapore, Stockholm, Sydney, Tokyo, Toronto, Warsaw, Washington, D.C. and Zurich.

Wednesday, March 13, 2019

Equinix reshuffles executive team

Equinix made the following changes to its leadership team:

  • Karl Strohmeyer, currently President, Americas, will begin serving as Chief Customer and Revenue Officer, overseeing the company's overall go-to-market strategy.
  • Sara Baack, who currently serves as Chief Marketing Officer, will take on the role of Chief Product Officer, leading Product Marketing, Management, Development and Engineering across core colocation and interconnection offerings, as well as overseeing the company's edge services portfolio. 
  • Eric Schwartz, currently President, EMEA, will begin serving as Chief Strategy and Development Officer, overseeing Corporate Strategy, Corporate Development, Business Development, Real Estate, Capital Planning and the company's hyperscale initiatives.

 Charles Meyers, President and CEO, Equinix, stated: "As we continue to enhance the value of our global platform and serve an increasingly strategic role in the digital transformation of our customers, these changes to our organization will enable us to advance our leadership as the trusted center of a cloud-first world. Karl, Sara and Eric have a combined 24 years in executive roles at Equinix, and I am supremely confident in their understanding of our customers as they continue to embrace and execute their transformation to digital business, and the unique opportunity that our organization has to serve them."

Wednesday, February 13, 2019

Equinix sees record bookings for its 200 global data centers

Equinix reported 2018 annual revenues of $5.072 billion, an increase of 16% year-over-year; 9% growth on a normalized and constant currency basis. Net income amounted to $365 million, a 57% increase over the previous year.

Some highlights:
  • Achieved record global gross and net bookings in the 4th quarter
  • Equinix has 36 expansion projects underway and has entered Hamburg, Muscat and Seoul as new markets
  • Strong bookings across all three regions (Americas, EMEA and Asia-Pacific) in Q4 with record EMEA bookings, and the second-best booking performance to date in the Americas and Asia-Pacific regions. 
  • Equinix bookings this quarter spanned across more than 3,000 customers, with a quarter of those customers buying across multiple metros.
  • Enterprises continue to leverage Equinix's highly distributed and cloud-enabled global platform to locate their infrastructure closer to the interconnected digital edge. 
  • In Q4, 60% of total recurring revenues came from customers deployed across all three regions, and 86% of total recurring revenues came from customers deployed across multiple metros. 
  • Interconnection revenues continued to outpace colocation revenues in Q4, growing 10% year-over-year on an as-reported basis and 12% on a normalized and constant currency basis




http://investor.equinix.com

Thursday, February 7, 2019

Google picks Equinix for Curie Subsea Cable Landing Station

Google has selected an Equinix data center in El Segundo, California as the cable landing station (CLS) for the new Curie subsea cable system.  In the U.S., the cable will land directly at the Equinix LA4 International Business Exchange (IBX) data center.

The Curie cable is expected to go live in 2019.

Equinix said the CLS configuration is ideal for extending the backhaul capacity of a subsea cable system directly to the ecosystems of companies in its high-density IBX data centers. The architecture provides easy access to a dense, rich ecosystem of networks, clouds and IT service providers.

Equinix has been selected as an interconnection partner in more than 25 of the current subsea cable projects.

"With the significant increase in global data traffic, we see corporations running global businesses demanding access to high-capacity, low-latency networks capable of connecting them to data centers across oceans with stringent levels of reliability. Any user of a subsea cable system that lands inside one of our Equinix global data center termination points has instant, low-latency access to a host of vibrant industry ecosystems inside Equinix, and that's a huge advantage," stated Jim Poole, Vice President, Business Development, Equinix.


Google commissions own subsea cable from CA to Chile

TE Subcom has been awarded a contract by Alphabet, the parent company of Google, to build a subsea cable from California to Chile. A ready-for-service date is expected in 2019.

The Curie Submarine Cable will be a four fiber-pair subsea system spanning over 10,000 km from Los Angeles to Valparaiso. It will include a branching unit for future connectivity to Panama.

The project is believed to be the first subsea cable to land in Chile in 20 years.

“We’re proud to provide comprehensive services to Google on this project. Leveraging existing TE SubCom infrastructure through our SubCom Global Services (SGS) options put us in position to be a true partner to them. Our role in the continued growth of global connectivity and information sharing is a point of substantial pride for the TE SubCom team,” said Sanjay Chowbey, president of TE SubCom.

Wednesday, January 16, 2019

Equinix to open data center in Seoul

Equinix opened a new International Business Exchange data center in Seoul.

The carrier-neutral data center, called SL1, will provide more than 18,000 square feet (approximately 1,680 square meters) of colocation space, offering an initial capacity of 550 cabinets in the first phase, and is scheduled to open in Q3 2019. The facility is located at Sangam, known as Digital Media City, near Seoul's central business district.

Equinix notes that it has invested more than $800 million over the past three years to organically build and expand its presence in the Asia-Pacific region. Equinix now has 200 IBX data centers across 52 markets and 24 countries, providing data center and interconnection services for more than 9,800 businesses. Equinix currently has 40 IBX data centers across 12 markets in Asia-Pacific.

Monday, January 7, 2019

Equinix to build 4th data center in Singapore

Equinix will invest US$85 million to build its fourth International Business Exchange (IBX) data center in Singapore, called SG4. The new seven-story data center is scheduled to open in Q4 2019, offering an initial capacity of more than 45,400 square feet (approximately 4,220 square meters) of colocation space and 1,400 cabinets in the first phase.

Equinix said the facility will accommodate more than 4,000 cabinets at full build out, with a total colocation space of more than 132,180 square feet (approximately 12,280 square meters). The new SG4 will be strategically situated at the East of Singapore in one of the country's five data center clusters — Tai Seng Industrial Estate — providing location diversity from the three existing Equinix IBX data centers in Singapore.

SG4 will also provide software-defined interconnection through Equinix Cloud Exchange Fabric (ECX Fabric) to more than 1,300 businesses including some of the largest cloud service providers (CSP) among them Alibaba Cloud, Amazon Web Services (AWS), Google Cloud Platform, Microsoft Azure, Oracle Cloud and Tencent Cloud.

Currently, the three Equinix IBX data centers in Singapore comprise more than 445,000 square feet (41,400 square meters) of colocation space. In Q3 2018, Equinix announced the completion of an expansion of the SG3 IBX data center in Singapore that nearly doubled the size of the facility.

See also