Equinix Opens New Facility in San Jose

Equinix (EQIX) today announced the opening of its eighth data center in Silicon Valley, a facility in San Jose that gives Equinix a total of 91 data centers across 35 markets worldwide.

Colocation and interconnection provider Equinix today announced the opening of its eighth data center in Silicon Valley, located in San Jose. The new International Business Exchange data center gives Equinix (EQIX) a total of 91 data centers across 35 markets worldwide, and provides more space to supports the growth of customers connecting to their "digital supply chain" partners in Silicon Valley.

The new facility will offer 165,000 square feet of space and 2,600 cabinet equivalents when all phases are open. The  $103 million Phase 1 opening today adds 125,000 sq. feet and 1,098 cabinet equivalents to Equinix's global platform of more than 6 million square feet of data center space. The project is expected to cost approximately $148 million when all phases are complete.

"The San Francisco Bay Area continues to be the center of innovation in the technology industry, ranging from cloud applications to online gaming," said Charles Meyers, president, Equinix North America. "Equinix is proud to call many of the world's most progressive companies customers and to be able to further facilitate the rapid growth of the digital economy."

The new IBX opening also marks the 10th anniversary of Equinix's first data center in Silicon Valley which opened in 2000.

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