Equinix will buy Packet in a major push into edge computing. The acquisition will allow Equinix to accelerate its interconnected edge services and add a “bare metal” cloud offering.
Equinix is the world’s largest colocation provider, with 190 data centers in 48 cities. Their size has allowed them to innovate at various levels of data center design, from the layout of the physical center to the software-defined networking (SDN) installed on their servers. Their Equinix Cloud Exchange (ECX) provides premium connectivity to cloud networks across the world.
Headquarters: Redwood City, CA
Data center providers Switch and Equinix have received a 2019 Green Power Leadership Award from the EPA, along with hyperscale operators Google and Microsoft and chipmaker Intel.
Equinix is now officially an investment grade company, joining Digital Realty as the only public data center providers to earn the coveted credit rating, which means lower rates on borrowing and access to a wider pool of capital to fund growth.
Equinix will form a joint venture with Singapore’s sovereign wealth fund GIC to build six new hyperscale data centers in Europe. The JV will target the FLAP markets of Frankfurt, London, Amsterdam and Paris.
Equinix will invest $138 million to create a second data center building in the parking lot alongside the existing Dallas Infomart, expanding capacity at one of the industry’s iconic carrier hotels.
5G wireless is expected to increase the volume of mobile data. Here’s a closer look at the timing of the 5G rollout and what all that data traffic will mean for data centers.
In 2019 , Equinix is focusing on opportunities in hyperscale data centers and enterprise computing, while sizing up where it may want to play in edge computing.
Equinix has tapped industry veteran Jim Smith as its new Managing Director – Hyperscale, a sign that the colocation provider sees a significant opportunity in its expansion into hyperscale data center construction.
The acquisition of the Dallas Infomart for $800 million is a strategic win for Equinix. The transaction also changes the game for the remainder of the Infomart portfolio, offering a clearer value proposition to acquirers and investors.
Equinix CEO Steve Smith has resigned suddenly after “exercising poor judgment with respect to an employee matter,” the company said today.