In early March, Equinix announced plans to open five new data centers across the globe, including a New York data center, a Singapore data center, a Melbourne data center, a London data center and a Toronto data center. The facilities will be a part of the company's International Business Exchange presence, and will require a considerable financial investment.
In order to support its growing global data center footprint, Equinix will invest $277 million to build the five new facilities in four continents. Overall, the new locations will add more than one million square feet of space, which will be largely filled by 4,200 new server cabinets. This increases the company's Platform Equinix by over 10 percent.
The New York data center, dubbed NY6, will be located in Secaucus and will meet rising demands from the area's financial, media and enterprise sectors. The Toronto data center, TR2, will be connected to Equinix's other Canada data center through its Metro Connect fiber ecosystem. The Melbourne data center, ME1, will serve as Equinix's initial entrance into the Australian data center market. The LD6 London data center will be built in London Slough and will serve as the company's flagship facility in the U.K. Finally, its Singapore data center, SG3, will be the firm's largest in the Asia-Pacific region, one of the fastest growing markets in the world.
"Equinix is the global interconnection platform for the world's leading businesses," noted Steve Smith, Equinix president and CEO. "Our rich history of interconnection, built over the last 16 years, makes us the ideal place for business to connect, and we believe that these five new data centers will provide even more ways for global businesses to innovate."
Currently, there is no schedule in place for the completion of these data center projects.
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