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 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
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.
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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.
Equinix goes all-in on software-defined networking (SDN), expanding its Equinix Cloud Exchange SDN services to its entire global platform. The move allows Equinix customers to provision services through an online portal and pay based on usage.
In Northern Virginia’s “Data Center Alley,” the appetite for cloud capacity is clearly seen in a recent burst of data center leasing, facility openings and land deals.