Company to invest more than $4.5B in Platform Equinix in 2016 to address changing IT needs of global business.
Equinix has announced its 2016 expansion plan. In addition to its acquisition of Telecity, the company will open four new International Business Exchange™ (IBX®) data centers in Tokyo, Dallas, São Paulo and Sydney, to create more capacity for global companies to connect to their partners, customers and employees. Equinix will invest more than $4.5B in acquisitions and organic growth in 2016 which includes the Telecity purchase price. This adds more than 3M sq ft of colocation space in 37 data centers, expanding Equinix's global interconnection platform to nearly 150 data centers by the end of the year.
"Global businesses are increasingly realizing that interconnection is essential to deliver a rich, ubiquitous user experience, with the agility and actionable insight to enable new business models and enhanced productivity. This will be even more apparent as businesses locate their data closer to the edge to support the Internet of Things. Our focus on continually expanding our global interconnection platform means that wherever you grow, we'll be there," saidSteve Smith, president and CEO, Equinix.