Equinix announced its 16th IBX data center
Digital infrastructure company, Equinix, announced the opening of its 16th International Business Exchange data center, DC21, in the Washington, D.C. ...
Equinix
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- Legal Name: Equinix, Inc.
- Website: www.equinix.com
- Founded: 1998
- Founder(s): Jay Adelson, Al Avery
- Wikipedia: en.wikipedia.org/wiki/Equinix
- Stock Symbol: NASDAQ: EQIX
What is Equinix?
Equinix is a California-based multinational company specializes in internet connection and data centers. The company is one of the biggest competitors in the global colocation data center market field. The company has more than 200 data centers in 25 countries.
Equinix was founded in 1998 by two facility managers at Digital Equipment Corporation, Al Avery and Jay Adelson. Jay Adelson stated that the company’s core attributes, equality, neutrality, and Internet Exchange, shaped the company’s name. Equinix merged with i-STT, a subsidiary of Singapore Technologies Telemedia and Pihana Pacific in 2002. After the agreement, the company expanded to Asia-Pacific in 2002, Europe in 2007, Latin America in 2011 and the Middle East in 2012.
During this period, Peter Van Camp was the CEO from May 2000 until 2006. When he was appointed as executive chairman of the board of directors, Steve Smith became the CEO in 2007 and resigned in January 2018. In September of 2018, Charles Meyers was named as the president and CEO.
Shortly after its establishment, Equinix signed major companies as customers in 2004, including AT&T, Sprint, and Sony and expanded to 15 data centers in the same year. In 2006, the company purchased the Ashburn campus in Washington. The second major acquisition in the company’s history has happened in 2010. Equinix acquired the U.S. internet exchange and colocation services provider, Switch and Data for approximately $683.4 million.
To gain tax advantages, the company was converted to a real estate investment trust or REIT for short in 2015. Also, the company made its biggest acquisition the same year. At the end of May 2015, Equinix acquired a British company, TelecityGroup for $3.8 billion. This agreement doubled the company’s capacity in Europe and the company expanded to more than 100 data centers around the globe. Equinix has also acquired a bare-metal server provider startup, Packet for $335 million in 2020, which will allow its customers to deploy physical servers across Equinix’s hosting infrastructure. According to Equinix’s statements, the company invested more than $25 billion to build its data center platform.
Recent Equinix News
Equinix extends digital edge in Australia
Digital infrastructure company, Equinix is expanding Platform Equinix with a third IBX data center, to be named PE3, in Perth. ...
Equinix opens a new data center in Perth
Equinix expands Platform Equinix with a third International Business Exchange (IBX) data center in Perth. PE3 will be the company's ...
Former Equinix CEO, Steve Smith joins Zayo
Zayo announced the appointment of Steve Smith as Chief Executive Officer. Digital Colony and EQT selected Smith to lead Zayo. ...
EllaLink partners with Equinix for linking two continents
EllaLink announced the partnership with Equinix, a global interconnection and data center company. Through this agreement, EllaLink will open three ...
Equinix reveals Bare Metal Service
Digital Infrastructure company, Equinix, unveiled its fully automated and interconnected bare metal service, Equinix Metal, which provides an automated deployment ...
Equinix adds Nokia IP to its global interconnect network
Data center and colocation provider Equinix deploys a new Nokia IP/MPLS network infrastructure to support its global interconnection services. With the ...
Equinix and Oman Telecommunications Company open a new data center in Oman
Equinix and Oman Telecommunications Company have opened the new International Business Exchange data center in Barka, near Muscat, the capital ...
Equinix acquires 13 Bell data centers in Canada
Equinix announced that the company completed a $780 million acquisition of 13 Bell data centers located in Canada. The $780 ...
DRFortress launches first connection from Hawaii to Equinix
The largest carrier-neutral data center and cloud marketplace operating in Hawaii, DRFortress launches the cloud direct connection from Hawaii into ...
Equinix to collaborate with Nokia for Global IoT platform and edge enablement
Equinix became a strategic supplier for Nokia's Worldwide IoT Network Grid (WING) managed service. Nokia WING allows operators without an ...
GDPR pushes cloud data center investment in Germany
Paul Budde Communication published a focus report on Germany that outlines the major developments and key aspects in the telecom’s ...
Equinix’s internal systems hit by ransomware attack
Global interconnection and data center company, Equinix disclosed a ransomware incident that affected the company's internal system. According to the ...
Equinix to expand into India with the acquisition of GPX Global Systems
Equinix announced the acquisition of the India operations of GPX Global Systems. With this extension, Equinix customers will have access ...
Equinix becomes a Google Cloud Premier Partner
Equinix announced that the company has become a Google Cloud Premier Partner. With the partnership, enterprises will be able to ...
Equinix expands Hong Kong data center
Equinix announced that with the $51 million investment, the company has completed the third phase expansion of HK4, one of ...
Equinix opens its fourth data center in Italy
Equinix announced the opening of a new data center in Milan which known as ML5. This International Business Exchange data ...
Nokia releases a new OS for network
Many people know Nokia from the smartphone boom at the beginning of the 2000s, but their network business was always ...
Equinix to extend customer access to Alibaba Cloud
The global interconnection and data center company, Equinix announced that it is extending access to the third-largest global provider of ...
Equinix to add a new data center in Dallas Infomart Campus
Equinix added a new International Business Exchange data center in the Dallas Infomart Data Center campus. According to the announcement, ...
Heficed is bringing the IP Address Market to the Equinix customers
IP Address Market helps to level out the playing field for companies with limited capacity to build their IP infrastructure ...
