Colocation provider Equinix (EQIX) is continuing its expansion in the Asia/Pacific region with the announcement that it will expand its second International Business Exchange (IBX) data center in Tokyo, known as TY2.
Equinix said it will invest $9 million to add space for an additional 140 racks at the facility. The expansion is scheduled to be completed later this year and will extend Equinix’ total capacity in Tokyo to 1,600 cabinet equivalents.
Equinixoperates two IBX data centers in Tokyo, TY1 and TY2, that are directly connected to each other by fiber. Equinix said the the additional space in TY2 will support strong demand for data center services from cloud and IT service providers, content companies and financial firms doing business in Japan.
“We have operated in Japan for almost 10 years, and both local and multinational corporations trust us to optimize their network performance and expand global reach,” said Steve Smith, president and CEO of Equinix. “The TY2 IBX expansion demonstrates Equinix’s commitment to this strategic market and our ability to quickly add customer-driven capacity to our global platform.”
Today’s announcement is part of Equinix’s broader expansion strategy in Asia-Pacific. Equinix recently announced the expansion of its SY3 data center in Sydney, the third phase expansion of its SG2 center in Singapore, and a second IBX in Hong Kong (HK2).