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Market: NASDAQ
Sector: Internet
EPIC: EQIX
Latest Price: 124.19  (1.46% Ascending)
52-week High: 125.56
52-week Low: 82.03
Market Cap: 5,841.28M
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Equinix
www.equinix.com

Equinix provides global network neutral data center services. It operates 49 International Business Exchange (IBX) centersacross 18 markets in North America, Europe and Asia-Pacific.

Equinix Announces a $9 million Expansion For Its Tokyo Data Center

3rd Sep 2010, 4:16 pm
Equinix Announces a $9 million Expansion For Its Tokyo Data Center

Equinix (NASDAQ: EQIX), a provider of global data center services, announced it will add a capacity of 140 cabinet equivalents to its International Business Exchange (IBX) data center, TY2,  located in Tokyo, expanding total capacity to 1,600 cabinet equivalents.  Cabinets are a type of server storage devices.  The $9 million expansion project is slated to be completed in the fourth quarter of 2010. 


Equinix operates two data centers in Tokyo, TY1 and TY2, that are directly connected to each other by fibre. The platform includes more than 50 international and domestic carriers and networks in Tokyo, including the Tokyo Financial Exchange, Japan’s largest financial derivatives exchange, and the Tokyo Commodity Exchange. 


"We have operated in Japan for almost 10 years, and both local and multinational corporations trust us to optimize their network performance and expand global reach," said Steve Smith, CEO of Equinix.


"The TY2 IBX expansion demonstrates Equinix's commitment to this strategic market and our ability to quickly add customer-driven capacity to our global platform."


Equinix also recently announced the expansion of its SY3 data center in Sydney, the third phase expansion of its SG2 center in Singapore, and a second IBX in Hong Kong.


Equinix operates 90 data centers across 35 markets in North America, Europe and Asia-Pacific where customers directly interconnect with a networked ecosystem of partners and customers. The company also provides collocation, interconnection, and IT infrastructure services.

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