Strong Market Demand Fuels Phase 3 Expansion of Equinix’s Sg2 International Business Exchange Data Centre

29 July 2010

Equinix to Invest US $43 Million to Expand SG2 by 850 Cabinet Equivalents

Equinix, Inc. (Nasdaq: EQIX), a provider of global data centre services, has announced that it will expand its second International Business Exchange (IBX) data centre in Singapore, SG2, as a result of an increasing demand for premium colocation and interconnection services in Singapore and South Asia. This third expansion phase within the SG2 IBX data centre will add 850 new cabinet equivalents when completed in mid-2011.

This announcement follows the SG2 IBX data centre Phase 2 expansion of 1,000 cabinet equivalents, which is expected to be completed in September this year. Phase 1 was launched in July 2009 with 700 cabinet equivalents.

Singapore’s robust info-communications infrastructure and pro-business environment have made it the hub for multinational companies looking to establish a presence in the region. Companies including cloud and IT services providers, content providers, networks and financial services firms are seeking to deploy critical infrastructure with a well-connected, carrier-neutral data centre operator with a global presence. In Singapore, Equinix has already engaged with more than 70 networks and telecommunication service providers, making it the most network-dense data centre in the country. Equinix’s Singapore IBX data centre campus has become one of the largest cloud and IT services hubs for the Asia-Pacific region. In addition, Singapore expects to launch two new submarine cable systems in 2012, located adjacent to the Equinix IBX data centres, adding between 23 and 31 Tbps of potential capacity.

“We continue to expand the facilities based on anticipated market demand,” said Clement Goh, managing director, Equinix Singapore. “Phase 1 of the SG2 IBX data centre is currently at 75 percent capacity and there is a stronger than expected fill rate for Phase 2. The Phase 3 expansion reassures our customers that Equinix data centre services provide the architectural flexibility and performance optimisation needed to grow their business in the region.”

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development