| Equinix Opens New Internet Data
Center in Los Angeles, California
Equinix's New L.A. Area Data Center Opening Today With Myspace As
Anchor Customer
(see also
Colocation Facility Ratings for the rating and reviews of this
Internet Data Center) Los Angeles, California - May 17,
2006 - Equinix, Inc., a provider of data centers and Internet
exchange services, today announced an agreement to acquire a new
data center in the Los Angeles area.
The new center will be acquired through a purchase, where Equinix
will own the land, the building and the data center assets. The
center, located in El Segundo, will become Equinix's third IBX
center in the Los Angeles area, and follows expansions announced by
Equinix earlier this year in the Silicon Valley and Chicago markets.
The company says that the center, with its advanced power
infrastructure, will add 2,000 cabinets and will double Equinix's
Los Angeles area footprint to 200,000 square feet. Equinix intends
to open the new center for customers in the first half of 2006. The
center will be interconnected to Equinix's downtown Los Angeles IBX
centers.
"With three data center acquisitions since the beginning of 2005,
Equinix is responding to the strong customer growth that is
solidifying our leadership position in the colocation and exchange
services market and paving the way to meeting our goal of building a
$500 million dollar company. As our expansion plans are critical to
the growth of the company, Equinix has committed a seasoned veteran
of the Equinix senior management team, Renee Lanam, to oversee these
efforts. I have the utmost confidence in Renee's leadership in this
new role," said Peter Van Camp, CEO of Equinix.
Popular Social
Networking Web Site Significantly Expands Deployment With Equinix to
Provide Greater Performance, Reliability and Scalability
Foster City, CA - May 17, 2006 - Equinix, Inc. (Nasdaq: EQIX), the
leading provider of network-neutral data centers and Internet
exchange services, today announced that MySpace, the premier
lifestyle portal for connecting with friends and discovering popular
culture, has entered into a new agreement with Equinix to
significantly expand the company’s presence through a new Equinix
Internet Business Exchange™ (IBX®) center opening today in the Los
Angeles area. Once MySpace is fully installed, the agreement is
expected to generate approximately $6 million in annual revenues for
Equinix. The MySpace social networking portal has experienced
tremendous growth and regularly ranks in the top 10 most visited
sites on the Web with more than 75 million users. As a quality
end-user experience is critical to the company’s offering, MySpace
is leveraging the network-rich environment of Equinix’s centers to
implement a robust, high-performance network connectivity
infrastructure. At Equinix, MySpace has access to a critical mass of
network service providers, giving it the greatest amount of
flexibility in managing its Web operations, including high-bandwidth
features such as multimedia streaming, as well as the ability to
reduce network interconnection costs and enhance end-user
performance.
"MySpace is an excellent example of the new generation of digital
content and media providers that seek a more streamlined and
efficient approach to the network infrastructure that provides the
critical link between them and their end-users," said Peter Van
Camp, CEO of Equinix. "Equinix is committed to providing solutions
to this market that help them directly reach their network partners
through peering relationships that improve performance and eliminate
the costs of intermediate network backbones."
With the aggregation of networks operating within Equinix’s centers,
the new facility will allow MySpace to cost-effectively execute
strategic connectivity and data exchange, or “peering,” agreements
with key business partners within a highly secure and reliable
environment. To optimize interconnection efficiencies, MySpace will
be able to expand its use of the Equinix Exchange™ service, a
central switching fabric managed by Equinix that facilitates network
and content peering amongst Equinix customers. Through these direct
connections within the same facility, MySpace will also be able to
eliminate the cost, as well as the performance degradation
associated with linking to multiple partners over significant
geographic distances, resulting in enhanced end-user performance.
"By offering a unique, network-rich environment with access to more
than 200 networks, Equinix enables us to directly interconnect with
the networks serving our end-users, providing a more streamlined
path between content and users," said Aber Whitcomb, CTO of MySpace.
"This model not only enhances our site performance, but also enables
MySpace to peer with end-user networks and exchange traffic in a way
that circumvents the traditional method where content providers were
required to pay for transit to reach end-users."
About Equinix
Equinix is the leading global provider of network-neutral data
centers and Internet exchange services for enterprises, content
companies, systems integrators and network services providers.
Through the company’s Internet Business Exchange™ (IBX®) centers in
11 markets in the U.S. and Asia, customers can directly interconnect
with every major global network and ISP for their critical peering,
transit and traffic exchange requirements. These interconnection
points facilitate the highest performance and growth of the Internet
by serving as neutral and open marketplaces for Internet
infrastructure services, allowing customers to expand their
businesses while reducing costs. |