MEDIA ALERT: Equinix to Break Ground on SV10 -- Newest Silicon Valley Data Center
REDWOOD CITY, Calif., June 14, 2016 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced that it will hold a ceremony to commemorate the ground breaking at its development site in San Jose, California. Located adjacent to its existing SV1 and SV5 International Business Exchange™ (IBX®) data centers, the new site will be built on 11 acres of land purchased by Equinix and will augment the existing San Jose Great Oaks campus.
Equinix and Silicon Valley
Equinix data centers in the Silicon Valley area serve 600+ customers and represent the second largest Internet exchange point in North America. Equinix has invested approximately $275 million in the local economy with its existing SV1 and SV5 data centers, and the company will invest an additional $125 million in the development of the first phase of the SV10 IBX data center. These facilities house rich ecosystems that allow network and content providers, cloud and IT service providers, and enterprise customers to quickly and efficiently exchange critical business data with their customers and partners through interconnection.
About the Event
Local government officials from the City of San Jose and customers will join Equinix to discuss the significance of this build site, what this increased investment will mean for the local economy and why Silicon Valley and San Jose is a strategic connectivity point in the broader digital economy.
Date: Wednesday, June 15, 2016
Time: 12:30 PM – 3:30 PM PT
Location: Equinix Silicon Valley Great Oaks Campus: 11 Great Oaks Blvd in San Jose
- Steve Smith, CEO of Equinix
- Sam Liccardo, Mayor of San Jose
- Karl Strohmeyer, President of Americas for Equinix
- Jeff Brzycki, CIO Autodesk
- 12:30 – 1:00 Registration / Check-In
- 1:00 – 1:20 Opening remarks, shovel ceremony, photos
- 1:30 – 3:30 Onsite reception and tours of the data center (optional)
- 3:30 Event ends
** Please request attendance by RSVPing to the event here. Space is limited. **
Equinix, Inc. (Nasdaq: EQIX) connects the world's leading businesses to their customers, employees and partners inside the most interconnected data centers. In 33 markets across five continents, Equinix is where companies come together to realize new opportunities and accelerate their business, IT and cloud strategies. www.equinix.com.
Forward Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, the challenges of acquiring, operating and constructing IBX centers and developing, deploying and delivering Equinix services; unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenue from customers in recently built out or acquired data centers; failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; and other risks described from time to time in Equinix's filings with the Securities and Exchange Commission. In particular, see Equinix's recent quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.
Equinix and IBX are registered trademarks of Equinix, Inc. International Business Exchange is a trademark of Equinix, Inc.
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SOURCE Equinix, Inc.
Released June 14, 2016