REDWOOD CITY, Calif. and SÃO PAULO, March 9, 2017 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced the opening of its latest International Business Exchange™ (IBX®) data center in São Paulo, known as SP3. The new $69 million USD facility, located in Santana de Parnaíba, supports the strong demand for interconnection and colocation services offered by Platform Equinix™ in Brazil. With the addition of SP3, Equinix currently operates five IBX data centers in Brazil.
Equinix is home to the densest concentration of network carriers in Brazil and is one of the largest hubs for financial exchange in Latin America. Its São Paulo data center sites are in close proximity to the Bovespa stock exchange, offering direct connectivity to a large number of financial firms.
"Equinix is opening SP3, its largest datacenter in Brazil, which will double Equinix's capacity in Brazil. SP3 is the largest multi-tenant datacenter we are aware of in Brazil and Latin America. With the underserved nature of the datacenter market in Brazil we believe that Equinix can encounter success with the new facility. We also expect that Equinix may continue investing in Latin America and we wouldn't be surprised to see additional data center expansions by Equinix in the region over the next few years."
"All of our data centers around the world are interconnected and redundant. This allows us to ensure business continuity – and Equinix is an important part of this strategy. In addition, having a local facility will help us expand operations in the region, especially among companies within the financial market, which is also one of Equinix's main ecosystems."
"Our continued growth in Brazil highlights strong demand for hybrid cloud and greater interconnection as enterprises are looking to move to a globally distributed architecture so they can better interconnect people, locations, clouds and data at the edge of corporate networks."
About Equinix: Equinix, Inc. (NASDAQ: EQIX) connects major corporations worldwide to its customers, employees, and partners through highly-integrated data centers. Operating in 41 markets across five continents, Equinix acts as a business hub where companies come together to discover new opportunities and boost their business, IT, and cloud strategies: www.equinix.com.
Forward Looking Statements This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, the challenges of acquiring, operating and constructing IBX centers and developing, deploying and delivering Equinix services; unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenue from customers in recently built out or acquired data centers; failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; and other risks described from time to time in Equinix's filings with the Securities and Exchange Commission. In particular, see Equinix's recent quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.
Equinix and IBX are registered trademarks of Equinix, Inc. International Business Exchange is a trademark of Equinix, Inc.
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SOURCE Equinix, Inc.
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