Telx Upgrades Power in Atlanta Data Center

Colocation and interconnection specialist Telx has increased power capacities for 20,000 square feet of data center space within its building at 56 Marietta Street in Atlanta, the company said today. The newly reconfigured space is designed to support up to 200 watts per square foot of IT load.

“56 Marietta Street’s roots are that of the pre-eminent carrier hotel in the Southeast and have long served the wide variety of prominent enterprise companies that call Atlanta home,” said Michael Terlizzi, Executive Vice President of Operations for Telx. “The transition of this space from low-density, high-interconnection to high-density, high-interconnection adds tremendous value to our customers and is unparalleled in the colocation and interconnection marketplaces.”

Telx Expands in Los Angeles

Colocation and interconnection specialist Telx has expanded its footprint by 50 percent in Los Angeles by expanding into adjacent space at 600 West 7th Street. Telx is the building-sanctioned interconnection provider at 600 West 7th Street, and said the additional space will provide expansion options for its media and entertainment, gaming and financial services customers.

“Our new expansion space at 600 West 7th offers the latest in power optimization and raised-floor cooling to ensure minimal environmental impact, while providing some of the highest power densities and proximity capabilities in the West Coast data center market,” said J. Todd Raymond, Senior Vice President of Site Acquisitions for Telx.

Telx Expands at Chicago Data Center Hub

Interconnection specialist Telx will add an additional 15,000 square feet of space at 350 East Cermak Street, the primary data center hub in downtown Chicago, the company said today. The additional space was assigned to Telx by another tenant within the facility, and provides room fior expansion by financial services customers seeking low latency connectivity to financial exchanges.

The expansion will double the company’s square footage and available cabinets at 350 East Cermak, a 1.1 million square foot facility owned by Digital Realty Trust (DLR).

“Low latency connectivity and high-volume high performance interconnection remain in strong demand, especially in major financial hubs such as Chicago,” said Chris Downie, President and CFO of Telx.

Telx Hits 25,000 Interconnections

Interconnection and colocation specialist Telx said this week that has completed its 25,000th cross-connection within its facilities, making it one of the largest interconnection marketplaces. That figure gives Telx the most cross-connects in the U.S. among providers that report their data, slightly ahead of Equinix (23,882) and Switch & Data (21,705). Equinix (EQIX) has the most cross connects globally, with 42,275 between its U.S., European and Asia-Pacific operations.

The three companies serve slightly different geographies and user bases. Telx has a strong historic position providing cross-connects for telecom providers in carrier hotels in major cities, while Equinix focuses on peering and interconnections in major Internet and financial markets, and Switch and Data is the leading provider in second-tier markets.     

Telx Opens Exchanges in Dallas, NYC

Telx has launched new Telx Internet Exchange (TIE) peering platforms in the New York and Dallas markets, the company said today. The New York TIE service will be offered in Telx facilites at two major carrier hotels in Manhattan at 60 Hudson Street and 111 8th Avenue. More than 400 service provider and enterprise customers are connected with Telx in these buildings. In Dallas, a new exchange will allow customers to leverage peering within 2323 Bryan and the Telx facility at 8345 Stemmons Freeway.

“Telx is fully committed to providing superior Internet Exchange points within its facilities, and as a result have chosen to launch the next phases of our Internet Exchanges in the New York and Dallas markets,” said Michael Lucking, Director of IP Development and Engineering. Telx has existing TIE peering nodes in Atlanta and Phoenix.

Telx Raises $43 Million for Expansion

Interconnection specialist Telx has lined up $43.5 million in new financing from CIT and RBC Capital Markets, providing the company with capital to continue to grow its core markets, and consider expansion into new cities. The financing replaced an existing term loan for Telx, providing additional funding for new projects. Terms of the transaction were not disclosed.

CIT, which made the loan through its Communications, Media & Entertainment group, has been a financing partner for Telx since 2007, while RBC Capital Markets is a new lender. The lenders cited Telx’s sustained growth, strong business model and customer base, and the strength of the data center market as a whole. Telx reported 39 percent revenue growth in the first quarter of 2008, compared to the same period last year.

Telx said its business plan was fully funded under its former financing, and the new deal provides “significant opportunities to enhance capabilities and explore new technologies that will expand the services that Telx is able to offer its customers.”

Telx Keeps Growing at 111 8th Avenue

Interconnection and colo specialist Telx continues to expand its data center footprint. Today the company announced that it has taken an additional 14,000 square feet of space at 111 8th Avenue, the huge carrier hotel in lower Manhattan where Telx already operates several facilities.

The new space will house the Telx Financial Xchange, which offers financial customers access to low latency connections to other networks. With more space in 111 8th Avenue, Telx can accommodate growing demand for financial “cross-connects” as well as basic colocation.

Telx also said it is partnering with ACTIV Financial to offer low-latency market data and colo services to the financial industry. The availability of data feeds is a key step in attracting trading operations and building a financial ecosystem within a data center. Customers can now place their corporate trading platforms right next to ACTIV’s ticker plant, accessing low-latency global market data from a single connection.

Telx Expands with NJ Data Center

Interconnection specialist Telx has acquired 24,000 square feet of colocation space in Clifton, New Jersey. The new facility expands the company’s data center footprint in the New York area, where most of its space is focused in Manhattan’s premier carrier hotels at 60 Hudson Street and 111 Eighth Avenue.

The acquisition is the fifth data center expansion by Telx in the last six months, in which the company has added 70,000 square feet of new space.The Clifton data center, which will begin accepting colocation clients in the first quarter of 2009, allows Telx to support customers seeking larger footprints and higher power densities.

“We’ve had phenomenal growth in our New York City facilities,” said Telx chief business officer Tesh Durvasula, who said some tenants have requested up to 1,000 square feet of colocation space. ”This gives us the opportunity to provide that square footage for a company that wants a little more space.”  

Telx Expands at 200 Paul in San Francisco

Interconnection specialist Telx continues to expand its data center footprint, and has acquired an additional 6,000 square feet of colocation space at 200 Paul Avenue in San Francisco, the carrier hotel operated by Digital Realty Trust (DLR). The expansion provides Telx with space for an additional 200 cabinet equivalents, and is connected to the Telx “meet me room” in the building and ready for immediate occupancy.  

The San Francisco acquisition the fourth expansion in just six months for Telx, which has added more than 46,000 square feet of new space at 60 Hudson Street and 111 Eighth Avenue in New York and at 350 East Cermak Street in Chicago. Telx also acquired the Atlanta Internet Exchange in June and opened a peering exchange in Phoenix.

“Our West Coast customers need high-quality, secure, network-rich and cost-effective space for their growing data, IP and content businesses,” says Chris Downie, President and Chief Financial Officer of Telx. “Telx has just completed a strong second quarter keeping us in line to achieve an increase in revenue of more than 40 percent in 2008. Our expansions this year are a testament to this strong growth curve.”