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Equinix Opens $82M Expansion of New York Data Center

May 05
10:43 2009

Web Hosting NewsSECAUCUS, NJ – Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, today announced the opening of the second phase expansion of its New York-4 (NY4) International Business Exchange (IBX®) data center in Secaucus, NJ. ACTIV Financial, a leading provider of market data content and technologies, and next-generation displayed markets provider Direct Edge will be among the initial customers of the $82 million expansion, which will add 1,100 cabinets of capacity to Equinix’s data center footprint. The expansion space is currently 50 percent booked or reserved by customers, due to strong demand for data center services in the New York area. The company is evaluating customer demand for the third and final phase expansion of the NY4 center, which is currently in the design phase.

The NY4 center is Equinix’s fourth New York area IBX center. The $95 million first phase of the center was opened in November 2007 and is now nearly fully booked, with strong traction from the financial services industry in the region. At full build-out, the NY4 center will be Equinix’s largest in the U.S. to date at 340,000 square feet – the size of five football fields – with an annual revenue capacity of between $95 million and $110 million. It is directly linked to the three other New York area IBX centers through redundant dark fiber links managed by Equinix.

[swfobj src=”” width=”300/250″ class=”border: 1px solid grey;” align=”right”] “The opening of this new phase of the NY4 center is representative of our commitment to ongoing and measured expansion to meet the needs of our customers,” said Steve Smith, president and CEO of Equinix. “In the New York area, we continue to see strong customer demand, especially from the financial services market, even in the face of a challenging economy.”

In the New York area, many of Equinix’s financial services customers participate on the Equinix Financial eXchange, a community of financial market participants that locate mission-critical infrastructure within Equinix data centers to benefit from a high-performance, low latency connectivity within a network-neutral environment. At Equinix, these companies can directly exchange data within the same physical location with strategic partners, customers and vendors, thereby optimizing their electronic trading operations. They also have access to a broad range of data center services and high-performance network connectivity providers.

About Equinix
Equinix, Inc. (Nasdaq: EQIX) provides global data center services that ensure the vitality of the information-driven world. Global enterprises, content and financial companies, and network service providers rely upon Equinix’s insight and expertise to protect and connect their most valued information assets. Equinix operates 42 International Business Exchange™ (IBX®) data centers across 18 markets in North America, Europe and Asia-Pacific.

Important information about Equinix is routinely posted on the investor relations page of its website located at

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